858 Wright St

FOR SALE
$425,000
858 Wright St, Welland
858 Wright St
858 Wright St
858 Wright St
858 Wright St
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858 Wright St
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858 Wright St
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858 Wright St
858 Wright St
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2 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
7 + 1
ROOMS
X11882889
MLSID
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Property Description
~ OPEN HOUSE-SUNDAY, DECEMBER 15th, 2:00 - 4:00 PM~Perfect for first-time homebuyers, downsizers or investors looking to get into the market at an affordable price. Welcome home to 858 Wright Street! This 1 storey, 3-bedroom, 1-bathroom home, has tremendous potential and is located on a quiet street backing onto a park & with no rear neighbors. As you enter the main floor of the home, you are welcomed by a bright freshly painted main floor including a sizable living room & large eat in kitchen. The kitchen offers a lovely picture window with clear sightlines to the park, making this room the perfect hub of the home. Direct from the kitchen you can step out onto your deck ideal for morning coffee or relaxing at the end of a busy day. There are 2 bedrooms on the main floor including the primary bedroom which features a large walk-in closet/dressing room. The 3pc bathroom has a walk-in shower & convenient main floor laundry. Upstairs you will find the 3rd bedroom or flex space for your family. This lovely lot is private, partially fenced & is perfect for entertaining family & friends. Also featuring a private driveway, shed, & with a lot which allows for a future garage at the rear of the home. Notable features include wheelchair accessibility & it's central location with quick & easy access to all amenities including the Library, schools, playgrounds, shopping, churches, hospital, restaurants, public transportation, Welland Museum, parks, hiking trails, & the 406/ QEW. Situated between the old & new Welland Canal-on the new canal you can watch the Lakers come & go, or the old Canal cheer on the rowers! There is a variety of great primary & secondary schools including public, Catholic, French, French immersion AND the Niagara Community College. Do not miss this exceptional opportunity to own your own home!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-11-11 2024-12-05 24 $429,900 - Terminated
2024-09-11 2024-11-11 61 $450,000 - Terminated
Property Features
Grnbelt/Conserv, Library, Park, Public Transit, School, School Bus Route
Property Details
Street
Property Type
Detached, 1 1/2 Storey
Approximate Sq.Ft.
700-1100
Lot Size
45' x 110'
Acreage
< .50
Fronting
East
Taxes
$2,039 (2024)
Basement
Part Bsmt, Unfinished
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
KitchenMain11.32' x 16.40'
LivingMain11.15' x 14.99'
BathroomMain7.35' x 7.68'4 Pc Bath
Prim BdrmMain11.52' x 9.74'
2nd BrMain8.99' x 9.91'
OtherMain8.60' x 9.68'W/I Closet
3rd BrUpper11.32' x 20.73'
UtilityBsmt11.88' x 16.21'
Welland Market Statistics
Welland Price Trend
858 Wright St is a 2-bedroom 1-bathroom home listed for sale at $425,000, which is $31,529 (6.9%) lower than the average sold price of $456,529 in the last 30 days (November 18 - December 17). During the last 30 days the average sold price for a 2 bedroom home in Welland declined by $13,043 (2.8%) compared to the previous 30 day period (October 19 - November 17) and down $10,971 (2.3%) from the same time one year ago.
Inventory Change
There were 10 2-bedroom homes listed in Welland over the last 30 days (November 18 - December 17), which is down 28.6% compared with the previous 30 day period (October 19 - November 17) and up 11.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Welland typically sold ($8,388) (1.8%) below asking price over the last 30 days (November 18 - December 17), which represents a $347 increase compared to the previous 30 day period (October 19 - November 17) and ($19,900) more than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom homes in Welland over the last 30 days (November 18 - December 17) stood at 340.0%, down from 2,964.3% over the previous 30 days (October 19 - November 17) and up from 44.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom home in Welland stood at 22 days when successfully sold over the last 30 days (November 18 - December 17), compared to 79 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Twin City Realty Inc.
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