$995,900
For sale: Detached

New, large legal duplex. Upper unit has 3 large bedrooms plus den, large open concept kitchen, dining room and living room. Lower unit has 3 large bedrooms plus den, open concept kitchen and living room. Each unit has independent HVAC and on demand water heater. Water is metered for each unit. Produces $4400 per month, tenants pay all bills. Concrete driveway and walk way, large backyard. Lower level only 4' below ground with 9' ceilings.
Sold data
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 40 days.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.
Based on 140 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Welland (Welland Downtown) has 23 Fraser Institute–rated schools (18 elementary and 5 secondary), averaging 6.5/10.
School ratings from the Fraser Institute's Ontario school report cards.
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