Sold for:Sold Jun 3, 2026
$514,900

56 Terrace Avenue

Welland (Broadway), ON L3C 2C4

Semi-Detached House SoldNot available

Property not available for sale or for rent.

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Sale & Price History for 56 Terrace Avenue, Welland, Broadway

2026-04-27
2026-06-03
Sold
Price
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MLS#
x13046716

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 56 Terrace Avenue, Welland, Broadway

Summarized Description

  • Move-in ready with modern updates throughout.
  • Potential for in-law suite with separate entrance.
  • Fully finished rec-room in the lower level.
  • Updated kitchen with ample storage space.
  • Remodeled bathroom and three spacious bedrooms.
  • Minutes away from recreational activities and amenities.
  • New roof, windows, furnace, and A/C for efficiency.

Just move in!! Nicely updated. Walking through the front door you are welcomed into the eat -in-kitchen with updated cabinets, counter tops, backsplash and offering plenty of storage. Ceramic tile and hardwood flooring run throughout the home. The upper level offering a remodeled 4pcs bathroom, and 3 nice sized bedrooms. The lower level and basement boasts a fully finished rec-room, 3pc bathroom, and a large laundry utility area. This is perfectly set up for a potential in-law suite, second unit, or work from home business with a side separate entrance. Updates from original include roof, windows, furnace, A/C and tankless hot water heater. Just minutes from golf courses & all amenities. Close to bus route, local park & the Welland Recreational Canal is just minutes away offering kayaking, fishing, walking trails and so much more.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,255
Land Transfer Tax Fee
$6,773

Rental Items

Rental Equipment
TANKLESS HOT WATER HEATER WITH FILTER SYSTEM
Under Contract
Tankless Water Heater, On Demand Water Heater

Basement Type
Finished with Walk-Out, Full, Separate Entrance

Interior Features

Laundry Level
Lower Level
Interior Extras
In-Law Capability, On Demand Water Heater, Water Meter
View
Clear, Trees/Woods
Security Features
Smoke Detector
Fireplace/Stove
No
Elevator
No

Exterior Features

Exterior Extras
Patio, Porch
Pool
None
Property Features
Fenced Yard, Golf, Park, Public Transit, School Bus Route, Wooded/Treed
Other Structures
Fence - Full, Garden Shed

Building

Building Type
Semi-Detached
Building Style
Backsplit 4
Approx Age
31-50

Construction

Exterior Finish
Brick, Vinyl Siding
Roof
Asphalt Shingle
Foundation Details
Poured Concrete
Special Designation
Unknown

Lot

Lot Front
30.08 ft
Lot Depth
110.34 ft
Lot Size
0.076
Lot Shape
Rectangular
Lot Size Code
30.00 x 110.00

Inclusions

Inclusions
FRIDGE, STOVE, WASHER, DRYER, DISHWASHER, ALL LIGHT FIXTURES, WINDOW BLINDS.

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
2
Total Garage And Parking Spaces
2

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
3 + 1
Washrooms
2
Kitchens
1

Room sizes

  • Kitchen—
    Main level
  • Dining Room—
    Main level
  • Living Room—
    Main level
  • Primary Bedroom—
    Second level
  • Bedroom 2—
    Second level
  • Bedroom 3—
    Second level
  • Recreation—
    Lower level
  • Bedroom—
    Basement level
  • Utility Room—
    Basement level

Washrooms

  • 4-piece, Second
  • 3-piece, Lower

Municipality
Welland
Neighbourhood
Broadway
Main cross streets
ELMWOOD AVE. & WINDSOR ST.
Zoning
RM2
Directions
LINCOLN ST. TO ELMWOOD AVE. TO WINDSOR ST. TO TERRACE AVE.
Waterfront
None

MLS® number
X13046716
Data source
Toronto Regional Real Estate Board
Status change
2026-06-03
Listed on
2026-04-27
Days on market
37 days
Possession date
2026-06-30
Possession type
60-89 days
Co-op commission
2.0%
Seller
Listed by
RE/MAX GARDEN CITY REALTY INC, BROKERAGE

Home Market Value

Current home valuation for 56 Terrace Avenue, Welland, Broadway, Welland, ON. Listed for $514,900

HOMEH Estimate

?

$433,000

Estimated Sales Range

?

$339,271 - $526,729

HOMEH Estimate for 56 Terrace Avenue, Welland, Broadway

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$433,000Medium confidence
Based on 4 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Welland, ON
Minimum Down Payment Required:5.1%

5% on first $500K + 10% on $14,900 over $500K

Minimum down payment

$26,490

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$19,525$14,366$12,255$0
=Total mortgage
$507,650$477,776$449,920$411,920
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,479monthly$2,333monthly$2,197monthly$2,011monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$6,773

Total Land Transfer Tax

$6,773

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