The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
**SPACE, PRIVACY & INCREDIBLE IN-LAW POTENTIAL!** This impressive raised bungalow offers over 2,000 sq. ft. of finished living space, 4 good-sized bedrooms, and an exceptional nearly half-acre property. If you've been searching for a home with room to grow, space for the extended family, and a backyard that offers endless possibilities, this property deserves your attention.The bright and stunning eat-in kitchen, renovated in 2020, features a large island and beautiful quartz countertops, creating the perfect gathering place for family and friends. With 2 bedrooms on the main level and 2 additional bedrooms downstairs, there's plenty of room for everyone. The finished basement is where this home truly shines, offering a large rec room, 2 bedrooms, a bathroom, laundry room, storage room, and **separate entrances providing fantastic in-law suite potential!** Whether you're accommodating extended family, creating a private living space for adult children, or simply looking for extra flexibility, the possibilities are impressive.An attached 1.5-car garage leads into a spacious breezeway, adding even more practical living space. Step outside and discover an incredible private covered porch overlooking a massive, pool-sized backyard. With nearly half an acre to enjoy, there's room for a pool, gardens, outdoor entertaining, play areas, or simply the privacy and space you've always wanted. The possibilities are limited only by your imagination!Parking is another standout feature, with the main driveway on Elm Street accommodating approximately 6 vehicles, plus a bonus driveway on Forks Road with room for another 3. That's parking for up to 9 vehicles!Notable updates include a metal roof installed in 2016 with a 50-year transferable warranty (excluding the garage and breezeway flat roof, completed in 2014), a new 3,000-gallon cistern in 2024, driveway in 2018, boiler in 2011, updated windows and interior doors, a newer water pump, and a backup power generator.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$2,799/mo
Mortgage (principal + interest)$2,432
Property taxFrom listing: $4,412/yr$368
Minimum $40,000 down for this price; the slider moves in whole percent, starting at 7%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$130,000
Ontario land transfer taxProvincial brackets, no first-time refund$9,475
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$142,275
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Welland has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
