Raised bungalow with walkout basement on a 38-foot lot in Port Colborne

Property details for 396 Wellington Street, Port Colborne

Type: Residential
Style: Raised bungalow
Bedrooms: 3
Bathrooms: 2
Lot Size: 38 x 114 FT
Stories: 1
Basement: Partially finished, N/A
Parking: Attached Garage, Garage
Heating: Natural gas
Cooling: None
Exterior: Brick
Ownership: Freehold
Annual Taxes: $3,435

This 3-bed, 2-bath raised bungalow sits on a 38 by 114 foot lot in Port Colborne. It's priced at $595,000, which is above the nearby median of $565,000 but comes with a newer electrical panel and an attached single-car garage. The basement has a walkout with a wood-burning fireplace, plus a kitchen and family room that are partially done with paneling on the walls, plywood floors, and a strapped ceiling. A 2-piece bath is roughed in down there. Upstairs, you get three bedrooms and a main-level layout with a kitchen, eating area, and living room. Exterior is brick on a block foundation. It's in a subdivision that's been around a while, and there's a pending severance condition from the property next door. Port Colborne High School is 2.5 km away. Taxes run $3,435 annually. The market's active with 11 listings nearby, and this scores 82 for investment potential.

About 396 Wellington Street, Port Colborne — Property Score

Strong Investment Hot Market

Score: 65/100

Value

Priced 0.8% below area median of $599,900 based on 67 comparable properties nearby 71

Stable pricing - no price changes since original listing date 50

Size

3 bedrooms - typical for similarly priced homes 60

2 bathrooms - typical for similarly priced properties 60

4,332 sqft lot - a standard lot for the area 65

Location

$45K median household income - below the Canadian average of $70K 52

68% of residents hold postsecondary credentials - a highly educated neighbourhood 78

60% homeownership rate - a balanced mix of owners and renters 72

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

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

Market

Just listed - area average is 53 days on market 100

+71.3% median price change over 1 month - rising prices in the area 100

55 months of housing supply - 55 active listings with 1 sold last month (buyer's market) 40

Features

3-car garage - area average is 6.3 spots 80

Partially finished, N/A basement - potential for additional finished space 85

None 30

No premium extras like pool, waterfront, or view 50

Investment

0.58% effective tax rate ($3,435/yr) - very low tax burden 83

42% renter population - moderate rental market 80

Quality

Condition

Listing

10 photos provided - below the area average of 37 photos 75

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.