Brick and vinyl house with RL2 zoning near Welland Canal

Property details for 86 Griffith Street, Welland

Type: Residential
Bedrooms: 5
Bathrooms: 1
Lot Size: 43.4 x 132.9 FT
Stories: 2
Basement: Unfinished, Full
Parking: Detached Garage, Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Brick, Vinyl siding
Ownership: Freehold
Annual Taxes: $2,852 (2026)

This brick and vinyl-sided house has five bedrooms and one bath. It's a two-story with a full unfinished basement and a third-level attic. The main floor has a foyer that opens into a combined dining and living room with original hardwood floors. A galley kitchen leads to a mudroom and a new backyard deck. There's a detached double garage and a driveway that fits eight cars total. The lot is 43.4 by 132.9 feet with a partially fenced yard and some wooded area. Recent updates include the roof, windows, furnace, AC, and electrical panel. RL2 zoning allows potential conversion to a multi-unit or expansion to five bedrooms. It's near downtown Welland, about 2.4 km from District School Board of Niagara and 3 km from Seaway Mall. Close to the Welland Canal for walking, kayaking, and fishing. Listed at $499,900 with annual taxes around $2,852.

About 86 Griffith Street, Welland — Property Score

Strong Investment Feature Rich Hot Market

Score: 73/100

Value

Priced 25.9% below area median of $674,450 based on 94 comparable properties nearby 100

Stable pricing - no price changes since original listing date 50

Size

5 bedrooms - 2 more than similarly priced 3-bedroom homes nearby 84

1 bathroom - 1 fewer than similarly priced properties nearby 48

5,768 sqft lot - a standard lot for the area 65

Location

$22K median household income - below the Canadian average of $70K 41

74% of residents hold postsecondary credentials - a highly educated neighbourhood 83

26% homeownership rate - a renter-majority neighbourhood 48

80% of residents commute under 30 minutes - excellent commuter accessibility 94

3,325/km² population density - a well-balanced suburban area 97

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

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

Unfinished, Full basement - adds valuable living space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

View - premium features that add significant value 60

Investment

0.57% effective tax rate ($2,852/yr) - very low tax burden 83

74% renter population - strong rental demand in this area 100

Quality

Condition

Listing

50 photos provided - 43% 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.