
272 Wallace Avenue S
Welland (Lincoln/Crowland), ON L3B 1R6
- 2+3Bedrooms
- 2Bathrooms
- 1Garage
- 700–1100Sq Ft
- $3,138Tax
- 44×100 ftLot Size
- Estimated Value:$379,742See Free Estimate Report

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About 272 Wallace Avenue S, Welland, Lincoln/Crowland
5-Bedroom Brick Bungalow with In-Law Suite Potential. Welcome to this spacious and inviting 5-bedroom bungalow, complete with a detached, heated single-car garage. As you step inside, you'll be greeted by a bright and open-concept living room, dining area, and kitchen perfect for both everyday living and entertaining.The modern kitchen features a large peninsula ideal for gathering with friends and family, sleek stainless steel appliances, and a stylish backsplash that adds a contemporary touch.The main floor offers a comfortable primary bedroom, a second bedroom, a 4-piece bathroom, and a convenient mudroom that leads out to a private backyard deck. Relax under the metal gazebo and enjoy the peaceful outdoor setting, your own little oasis. Downstairs, the fully finished basement offers incredible versatility with its own separate entrance. Whether you're looking to create a rental unit for extra income or an in-law suite, the possibilities are endless. The basement includes a spacious recroom, three additional bedrooms, a 3-piece bathroom, and a combined laundry/utility room. Notable updates include: Newer Garage roof, Newer House roof (2018) Furnace (2020) Located close to shopping, Highway 406, schools, and parks, this home is a fantastic opportunity for first-time buyers, families, or savvy investors.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $3,138
- Land Transfer Tax Fee
- $6,473
Rental Items
- Rental Equipment
- Hot water heater
- Under Contract
- Hot Water Heater
- Basement Type
- Full, Finished
Interior Features
- Laundry Level
- Lower Level
- Interior Extras
- In-Law Capability, Primary Bedroom - Main Floor, Water Heater
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Exterior Extras
- Deck
- Pool
- None
- Property Features
- Fenced Yard, Park, Place Of Worship, Public Transit, School, School Bus Route
- Other Structures
- Fence - Full, Garden Shed
Building
- Building Type
- Detached
- Building Style
- Bungalow
- Approx Age
- 51-99
Construction
- Exterior Finish
- Brick
- Roof
- Asphalt Shingle
- Foundation Details
- Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 44.10 ft
- Lot Depth
- 100.00 ft
- Lot Size
- 4410
- Lot Shape
- Rectangular
Inclusions
- Inclusions
- Fridge, Stove, Dishwasher, Washer, Dryer, Shed, All window coverings, All light fixtures
Exclusions
- Exclusions
- None
Parking & Garages
- Garage Type
- Detached
- Garage Spaces
- 1
- Parking Spaces
- 3
- Total Garage And Parking Spaces
- 4
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Natural Gas
- Yes
- Hydro
- Yes
- Cable
- Yes
- Telephone
- Yes
- Bedrooms
- 2 + 3
- Washrooms
- 2
- Kitchens
- 1
- Family / bonus room
- Yes
Washrooms
- 4-piece, Main
- 3-piece, Basement
- Municipality
- Welland
- Neighbourhood
- Lincoln/Crowland
- Main cross streets
- Wallace Ave S & Hagar
- Zoning
- RL1
- Directions
- Main St to Wallace Ave
- MLS® number
- X12354119
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2025-09-25
- Listed on
- 2025-08-19
- Days on market
- 37 days
- Possession date
- 2025-08-31
- Possession type
- Immediate
- Co-op commission
- 2+ HST
- Seller
- Listed by
- RE/MAX NIAGARA REALTY LTD, BROKERAGE
Home Market Value
Current home valuation for 272 Wallace Avenue S, Welland, Lincoln/Crowland, Welland, ON. Listed for $499,900
HOMEH Estimate
$379,742
Estimated Sales Range
$265,819 - $493,665
HOMEH Estimate for 272 Wallace Avenue S, Welland, Lincoln/Crowland
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% of purchase price for homes $500K or less
$24,995
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $18,996 | $13,947 | $11,898 | $0 |
=Total mortgage | $493,901 | $463,857 | $436,813 | $399,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,411monthly | $2,265monthly | $2,133monthly | $1,953monthly |
Land Transfer Tax
$6,473
$6,473
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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