$ 689,900

Brand New Bungaloft with Garage in Welland's Riverbend Grove

Property details for Lot 2 Kirby Road Road, Welland

Type
Residential
Style
Bungalow
Bedrooms
3
Bathrooms
3
Lot Size
32 x 96 FT
Stories
1
Basement
Full, Separate entrance
Parking
Attached Garage, Garage
Heating
Forced air, Natural gas
Exterior
Brick, Vinyl siding
Ownership
Freehold

This is a brand new 1,695 sq ft bungaloft in Welland's Riverbend Grove community, sitting on a 32 x 96 ft lot. You've got 3 beds and 2.5 baths spread over two levels, with the primary bedroom on the main floor and two more upstairs. The main floor features an open-concept great room, kitchen, and dining area with high ceilings, plus a laundry/mudroom off the attached garage. Builder lets you pick your finishes and exterior style (Modern, Traditional, or Farmhouse). There's also a basement rough-in for future development. With forced air gas heating, municipal water/sewer, and a concrete foundation, it's solid. Price is $689,900, which includes a $10,000 builder promo for the first 15 buyers. The Longo's plaza is within walking distance, and Seaway Mall is 0.9 km away. The District School Board of Niagara is 2.2 km out. New construction means no HST if you close before March 31. A separate entrance to the basement adds potential for an ADU, subject to city approval. There are 11 active listings nearby with a median price of $649,900, so this is priced competitively. That said, the property scores only a 43 on value and 59 on features, so you're paying for newness and location. Location scores an 82, and investment potential is strong at 77. If you want a low-maintenance place close to amenities with room to grow, this could be it.

About Lot 2 Kirby Road Road, Welland — Property Score

59
Great Location
Score: 59/100
Value
43
Priced 23.2% above area median of $559,950 based on 176 comparable properties nearby 35
Stable pricing - no price changes since original listing date 50
Size
58
3 bedrooms - 1 fewer than similarly priced 4-bedroom homes nearby 48
3 bathrooms - 1 more than similarly priced properties nearby 72
3,072 sqft lot - a compact lot for the area 55
Location
82
$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
47
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
59
3-car garage - area average is 4.8 spots 80
Full, Separate entrance basement 55
efficient gas forced air heating 80
No cooling system listed - common in cooler climate areas 30
No premium extras like pool, waterfront, or view 50
Investment
77
0% effective tax rate ($0/yr) - very low tax burden 100
20% renter population - primarily owner-occupied area 54
Quality
50
Condition
50
Listing
71
14 photos provided - below the area average of 34 photos 75
4 of 7 key property details provided (57%) - some key property details missing 67

* 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.

Full Listing Description

All Property Details

Neighbourhood Census Data

Welland, Ontario

Population
702
Median Age
44.9
Median Income
$35,584
Dwelling Value
$320,927

Housing Tenure

Owners 80%
Renters 20%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.6
Pop. Density: 764.9/km²
Avg Shelter Cost: $1,134/mo
Owners with Mortgage: 46.5%
Owners Spending 30%+: 20.5%
Tenants Spending 30%+: 58.3%
English only: 90.7%
English and French: 9.3%
Median Household Income: $84,736
Median Employment Income: $30,400

Price History

Contact Agent Get in touch about Lot 2 Kirby Road Road, Welland

Rebecca Scarlett
Rebecca Scarlett
Century 21 Heritage House LTD