28 GROVE STREET, Welland (Welland Downtown)

$399,900

For sale: Detached

Detached at 28 GROVE STREET, Welland (Welland Downtown)
Property type
Detached
Bedrooms / bathrooms
5 bedrooms, 3 bathrooms
Living area
2,000 sqft
MLS®
MLS® X13541174
Neighbourhood
768 - Welland Downtown

High-Yield Potential in the Heart of WellandAttention investors and house-hackers! This solid-brick 2-storey home at 28 Grove St offers an opportunity to build equity in a growing market. Currently configured as a duplex, this property features a 1-bedroom, 1-bath unit on the main floor and a sprawling upper unit with a flexible layout capable of accommodating up to 4 bedrooms.The building is rich with original character-think solid wood trim, pocket doors, and classic fireplace mantels-providing the perfect canvas for a modern renovation. With two hydro meters already in place, one gas meter, and a mix of on-lot and street parking, the infrastructure for a high-performing rental is here. Property sold "AS IS," making it the perfect project for those looking to add significant value. Roof replaced 2023

Sold data

Detached homes in Welland (Welland Downtown) — recent sold market

Detached homes in Welland (Welland Downtown) took a median of 25 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 53, across 140 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 40 days.

The median sale price was $549,900.

Homes sold for about 3.1% below asking on average, so there was room to negotiate.

About 6% of sales closed above the list price.

Around 34% of sellers reduced their price before finding a buyer.

Median days to sell
25
Median sale price
$549,900
Sale-to-list ratio
96.9%
Sold above asking
6%

Based on 140 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Welland (Welland Downtown)

Welland (Welland Downtown) has 23 Fraser Institute–rated schools (18 elementary and 5 secondary), averaging 6.5/10.

Rated schools
23
Elementary
18
Secondary
5
Average rating
6.5 / 10

Top-rated schools in Welland (Welland Downtown)

  • Plymouth — elementary, WellandFraser rating 10.0/10
  • Fitch Street — elementary, WellandFraser rating 8.1/10
  • Glendale — elementary, WellandFraser rating 8.1/10
  • Holy Name — elementary, WellandFraser rating 7.9/10
  • Quaker Road — elementary, WellandFraser rating 7.6/10
  • Diamond Trail — elementary, WellandFraser rating 7.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 28 GROVE STREET