407 Welland Ave
445 - Facer, St. Catharines, L2M 5T9
FOR SALE
$499,000
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3 + 1
BEDROOMS3
BATHROOMS1 + 1
KITCHENS10 + 1
ROOMSX11908385
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Property Description
Duplex in central location near highway access, public transit, shopping and more. Main floor 1 Bedroom unit is currently vacant. Choose your own tenant and set your own rent. 3 Bedroom unit is currently rented at $1800 per month plus hydro. Plenty of parking at rear of building for 3+ cars. Back unit offers laminate flooring, spacious kitchen with white cabinets, 3 good sized bedrooms on the 2nd floor and a 5 pc bath. Front unit offers a main floor kitchen with large pantry, living and dining room with laminate flooring and 1 bedroom in the basement. Separate laundry in the basement for both units, and additional storage space. Furnace updated in 2020, A/C in 2018, roof approx 9 years old. Photos are from before Tenant's moved in.
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Property Features
Public Transit, School
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Property Details
Street
Community
City
Property Type
Duplex, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
39' x 132'
Fronting
North
Taxes
$2,968 (2024)
Basement
Full, Part Fin
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
None
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St. Catharines Market Statistics
St. Catharines Price Trend
407 Welland Ave is a 3-bedroom 3-bathroom home listed for sale at $499,000, which is $181,419 (26.7%) lower than the average sold price of $680,419 in the last 30 days (January 19 - February 17). During the last 30 days the average sold price for a 3 bedroom home in St. Catharines increased by $181,487 (36.4%) compared to the previous 30 day period (December 20 - January 18) and up $78,787 (13.1%) from the same time one year ago.Inventory Change
There were 101 3-bedroom homes listed in St. Catharines over the last 30 days (January 19 - February 17), which is up 27.8% compared with the previous 30 day period (December 20 - January 18) and up 114.9% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in St. Catharines typically sold ($15,542) (2.3%) below asking price over the last 30 days (January 19 - February 17), which represents a $9,805 decrease compared to the previous 30 day period (December 20 - January 18) and ($16,430) 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 3-bedroom homes in St. Catharines over the last 30 days (January 19 - February 17) stood at 55.4%, down from 464.6% over the previous 30 days (December 20 - January 18) and down from 104.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in St. Catharines stood at 36 days when successfully sold over the last 30 days (January 19 - February 17), compared to 88 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Heritage House Ltd
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