160 Welland Ave
St. Catharines, L2R 2N6
FOR SALE
$679,000
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Property Description
Attention Investors and House Hackers! Don't miss out on this fantastic opportunity in downtown St. Catharines. This fully vacant legal duplex has the potential to be converted into a triplex with the addition of a third unit in the 3-car garage. Live in one unit and rent out the others to cover your mortgage payments and generate extra income. The property is well-maintained and ready for immediate occupancy, offering a versatile living arrangement for multi-generational families or savvy investors.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-01-11 | 2024-01-25 | 14 | $739,000 | - | Terminated |
| 2023-10-28 | 2024-01-13 | 77 | $739,000 | - | Terminated |
| 2023-09-22 | 2023-10-29 | 37 | $749,900 | - | Terminated |
| 2022-05-26 | 2022-06-23 | 28 | $789,990 | - | Terminated |
| 2022-05-14 | 2022-05-26 | 12 | $824,990 | - | Terminated |
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Property Details
Street
City
Property Type
Duplex, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
34' x 105'
Fronting
North
Taxes
$3,072 (2023)
Basement
Full, Part Fin
Exterior
Brick, Vinyl Siding
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
3
Driveway
Front Yard
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 19.75' x 10.40' | |
| Dining | Main | 11.42' x 10.93' | |
| Living | Main | 14.34' x 10.93' | |
| Br | Main | 14.40' x 10.07' | |
| Br | Main | 8.60' x 10.07' | |
| Kitchen | 2nd | 10.33' x 10.01' | |
| Living | 2nd | 14.40' x 10.99' | |
| Br | 2nd | 14.01' x 10.07' | |
| Br | 2nd | 8.50' x 10.07' |
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St. Catharines Market Statistics
St. Catharines Price Trend
160 Welland Ave is a 4-bedroom 2-bathroom home listed for sale at $679,000, which is $88,500 (11.5%) lower than the average sold price of $767,500 in the last 30 days (April 4 - May 3). During the last 30 days the average sold price for a 4 bedroom home in St. Catharines declined by $57,500 (7.0%) compared to the previous 30 day period (March 5 - April 3) and up $33,334 (4.5%) from the same time one year ago.Inventory Change
There were 26 4-bedroom homes listed in St. Catharines over the last 30 days (April 4 - May 3), which is up 36.8% compared with the previous 30 day period (March 5 - April 3) and up 100.0% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in St. Catharines typically sold ($14,900) (1.9%) below asking price over the last 30 days (April 4 - May 3), which represents a $4,550 increase compared to the previous 30 day period (March 5 - April 3) and ($21,500) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in St. Catharines over the last 30 days (April 4 - May 3) stood at 53.8%, down from 63.2% over the previous 30 days (March 5 - April 3) and down from 92.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in St. Catharines stood at 21 days when successfully sold over the last 30 days (April 4 - May 3), compared to 79 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Escarpment Realty Inc.,
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