
31 Wright Street
Welland (Lincoln/Crowland), ON L3B 2K2
- 4Bedrooms
- 2Bathrooms
- 4Parking
- 1100–1500Sq Ft
- $3,950Tax
- 35×110 ftLot Size
- Free EstimateSee Free Estimate Report

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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 31 Wright Street, Welland, Lincoln/Crowland
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About 31 Wright Street, Welland, Lincoln/Crowland
ATTENTION INVESTORS AND FIRST TIME HOME BUYERS! Legal Duplex with two vacant 2 bedroom units. Income in range of 26000 to 33000 per year. If you're in search of a promising investment opportunity or live and rent, don't miss this one.This property features two separate 2-bedroom units with completely independent tenant responsible utilities (gas and hydro meters), separate furnaces and hot water heaters, each with its own laundry facilities, located in a divided partially finished basement, brand new windows, High efficiency furnaces (owned), and TONS OF POTENTIAL!. Either rent both or rent one and live in the other and have the tenants pay your mortgage. Fantastic cap rate on this property.Full basement, partially finished with front and back access and convenient 2 pc bath. Potential to develop another unit in the basement with rear entrance.Currently 100% compliant with TSSA and fire separation requirements.Private single drive with 4+ parking and a detached single car garage/workshop with new roof in 2021.The duplex is situated in a central east Welland location with close proximity to shopping, public transit, and easy highway access. 20 minutes to niagara falls or St Caths and 10 minutes to the thorold campus. Make sure to add this to your list of must-see investments.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $3,950
- Land Transfer Tax Fee
- $3,800
- Basement Type
- Separate Entrance
Interior Features
- Laundry Level
- Lower Level
- Interior Extras
- Storage, Separate Hydro Meter
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Exterior Extras
- Porch, Lighting, Year Round Living
- Pool
- None
- Property Features
- School Bus Route, Public Transit, Place Of Worship, Park, Library, School
Building
- Building Type
- Multiplex
- Building Style
- 2-Storey
- Approx Age
- 31-50
Construction
- Exterior Finish
- Aluminum Siding
- Roof
- Asphalt Shingle
- Foundation Details
- Concrete Block
- Special Designation
- Unknown
Lot
- Lot Front
- 35.00 ft
- Lot Depth
- 110.00 ft
- Lot Shape
- Rectangular
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
- None
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 4
- Washrooms
- 2
- Kitchens
- 2
- Family / bonus room
- Yes
Washrooms
- 4-piece
- Municipality
- Welland
- Neighbourhood
- Lincoln/Crowland
- Main cross streets
- Ontario Rd
- Zoning
- RL2
- MLS® number
- X11604724
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2025-01-17
- Listed on
- 2024-11-28
- Days on market
- 50 days
- Possession type
- Immediately
- Co-op commission
- 2% plus HST
- Seller
- Listed by
- A.G. ROBINS & COMPANY LTD, BROKERAGE
Home Market Value
Current home valuation for 31 Wright Street, Welland, Lincoln/Crowland, Welland, ON. Listed for $355,000
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 31 Wright Street, 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
$17,750
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $13,490 | $9,905 | $8,449 | $0 |
=Total mortgage | $350,740 | $329,405 | $310,199 | $284,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $1,712monthly | $1,608monthly | $1,515monthly | $1,387monthly |
Land Transfer Tax
$3,800
$3,800
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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