Half-acre lot with water views and canal trail access near Welland

Property details for 106 Colborne Street, Welland

Type: Residential
Bedrooms: 3
Bathrooms: 2
Lot Size: 100 x 221.3 FT
Stories: 1.5
Basement: Unfinished, Full
Parking: No Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Vinyl siding
Ownership: Freehold
Annual Taxes: $3,347

Just outside Welland, this 3-bed, 2-bath house sits on a half-acre lot with water views and direct canal trail access for biking and walking. It's 1.5 stories with a stone foundation and vinyl siding, built in a year that gives it character. Inside, photos show a main floor with a living room featuring windows with stained glass and a white oak mantle, plus a dining room, den, and sunroom. The kitchen has solid white oak cabinetry and new appliances. Upstairs, the primary bedroom includes a custom closet and a fireplace that runs on gas. There's a full-height unfinished basement for storage, forced air heating, central air, and a septic system with cistern water. Outside, you get a deck that wraps around, a pergola, a fire pit, mature trees like spruce and magnolia, and an outbuilding with a riding mower. Parking fits 6 cars with no garage. It's priced at $685,000, above the nearby median of $569,900, but the location score is 76 out of 10 for quick trips to marinas, beaches, and Niagara wineries. Taxes run $3,347 annually.

About 106 Colborne Street, Welland — Property Score

Feature Rich Hot Market Great Location

Score: 67/100

Value

Priced 18.1% above area median of $580,000 based on 147 comparable properties nearby 43

Stable pricing - no price changes since original listing date 50

Size

3 bedrooms - 1 fewer than similarly priced 4-bedroom homes nearby 48

2 bathrooms - typical for similarly priced properties 60

22,130 sqft lot - an oversized lot for the area 90

Location

$71K median household income - near the Canadian average of $70K 65

84% of residents hold postsecondary credentials - a highly educated neighbourhood 92

81% homeownership rate - indicating a stable, owner-occupied community 87

63% of residents commute under 30 minutes - excellent commuter accessibility 80

98/km² population density - a rural or semi-rural setting 55

Market

Just listed - area average is 51 days on market 100

+21.8% median price change over 1 month - rising prices in the area 100

34.8 months of housing supply - 174 active listings with 5 sold last month (buyer's market) 40

Features

6-car garage - more than the area average of 4.7 spots 95

Unfinished, Full basement - adds valuable living space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

2 fireplaces - a desirable feature for Canadian winters 85

View - premium features that add significant value 60

Investment

0.49% effective tax rate ($3,347/yr) - very low tax burden 85

19% renter population - primarily owner-occupied area 52

Quality

Condition

Listing

43 photos provided - 23% more than the area average of 35 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.