4-Bed To-Be-Built With In-Law Suite Potential in Welland

Property details for 226 Wellandvale Drive, Welland

Type: Residential
Bedrooms: 4
Bathrooms: 3
Lot Size: 39 x 90 FT
Stories: 2
Basement: Unfinished, Separate entrance, N/A, N/A
Parking: Attached Garage, Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Brick, Stone
Ownership: Freehold

This is a to-be-built 2-storey house on Wellandvale Drive, not yet constructed, so you're picking finishes. It's a big one at 4 beds and 3 baths above grade, plus the basement has a separate entrance and rough-in for a kitchen, so it's set up for an in-law suite or rental. The main floor has a bedroom with its own ensuite-good for guests or a home office. Upstairs, four more bedrooms, two each having private ensuites, plus a Jack-and-Jill bath connecting the other two, and a laundry room. The lot is 39 x 90 feet, and there's a double attached garage with a driveway that fits six cars total. The foundation is poured concrete, exterior is brick and stone, and the whole place comes with a Tarion warranty. You're about 600 metres from Seaway Mall, and a couple kilometres from the school board office. With a median sold price of $736,500 in the area, this listed at $875,000 is a bit of a stretch, but the potential to rent out the basement could offset that. It's in a quiet spot with a school bus route nearby. If you're looking for a flexible layout for a big family or extra income, this might be it.

About 226 Wellandvale Drive, Welland — Property Score

Great Location Feature Rich

Score: 61/100

Value

Priced 45.9% above area median of $599,900 based on 188 comparable properties nearby 1

Stable pricing - no price changes since original listing date 50

Size

4 bedrooms - typical for similarly priced homes 60

3 bathrooms - typical for similarly priced properties 60

3,510 sqft lot - a compact lot for the area 55

Location

$85K median household income - above the Canadian average of $70K 72

89% of residents hold postsecondary credentials - a highly educated neighbourhood 96

80% homeownership rate - indicating a stable, owner-occupied community 86

79% of residents commute under 30 minutes - excellent commuter accessibility 93

765/km² population density - a low-density residential area 65

Market

Just listed - area average is 52 days on market 100

-29.7% median price change over 1 month - declining prices in the area 1

143 months of housing supply - 286 active listings with 2 sold last month (buyer's market) 40

Features

6-car garage - more than the area average of 4.8 spots 95

Unfinished, Separate entrance, N/A, N/A basement - adds valuable living space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

No premium extras like pool, waterfront, or view 50

Investment

0% effective tax rate ($0/yr) - very low tax burden 100

20% renter population - primarily owner-occupied area 54

Quality

Condition

Listing

27 photos provided - below the area average of 34 photos 92

5 of 7 key property details provided (71%) - good detail coverage 76

* 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.