$ 599,000

Backsplit with 7 Bedrooms and Investment Potential in North Welland

Property details for 49 Mccrae Drive, Welland

Type
Residential
Bedrooms
7
Bathrooms
2
Lot Size
57 x 104.8 FT
Basement
Finished, N/A
Parking
No Garage
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Exterior
Brick Facing
Ownership
Freehold
Annual Taxes
$3,771 (2025)

This backsplit on a quiet North End street is all about space and flexibility. Main floor has a kitchen with a new fridge and stove, a family room, and a bedroom, while upstairs you'll find three more bedrooms. The real story is the basement: it's finished with four additional bedrooms, making this a solid choice for investors or multi-generational living. It's currently rented to tenants, so you can take over with a tenant in place or plan for your own use. Furnace and central AC are only about four months old, so those big-ticket items are handled. Outside, there's a brick front and parking for four cars on the 57 x 104.8 foot lot, which is plenty of room for a family or roommates. You're less than a kilometer from the District School Board of Niagara, and Seaway Mall is just over two kilometers away. At $629,000, it's priced above the nearby median of $551,900, but you're getting 7 bedrooms and a layout that's rare in this area. With only 2 active listings nearby and an average of 10 days on market, this one won't sit around. If you need a place with serious rental income or just want room for everyone, this fits the bill.

About 49 Mccrae Drive, Welland — Property Score

70
Great Location Hot Market Feature Rich
Score: 70/100
Value
57
Priced 4.9% above area median of $599,900 based on 21 comparable properties nearby 63
Stable pricing - no price changes since original listing date 50
Size
74
7 bedrooms - 3 more than similarly priced 4-bedroom homes nearby 96
2 bathrooms - typical for similarly priced properties 60
5,974 sqft lot - a standard lot for the area 65
Location
83
$61K median household income - near the Canadian average of $70K 60
92% of residents hold postsecondary credentials - a highly educated neighbourhood 98
73% homeownership rate - indicating a stable, owner-occupied community 81
68% of residents commute under 30 minutes - excellent commuter accessibility 84
2,402/km² population density - a well-balanced suburban area 94
Market
80
Just listed - area average is 35 days on market 100
+21.7% median price change over 1 month - rising prices in the area 100
139.5 months of housing supply - 279 active listings with 2 sold last month (buyer's market) 40
Features
80
4-car garage - area average is 4.9 spots 95
Finished, 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
72
0.6% effective tax rate ($3,771/yr) - very low tax burden 82
27% renter population - primarily owner-occupied area 62
Quality
50
Condition
50
Listing
81
14 photos provided - below the area average of 34 photos 75
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.

Full Listing Description

All Property Details

Neighbourhood Census Data

Welland, Ontario

Population
461
Median Age
44.2
Median Income
$32,064
Dwelling Value
$210,377

Housing Tenure

Owners 73%
Renters 27%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.3
Pop. Density: 2,402.3/km²
Avg Shelter Cost: $1,097/mo
Owners with Mortgage: 63.3%
Owners Spending 30%+: 16.7%
Tenants Spending 30%+: 36.4%
English only: 87%
French only: 1.1%
English and French: 13%
Median Household Income: $60,800
Median Employment Income: $30,272

Price History

Contact Agent Get in touch about 49 Mccrae Drive, Welland

MAHENDER PAL SHARMA
MAHENDER PAL SHARMA
ROYAL LEPAGE FLOWER CITY REALTY