Sold for:Sold Mar 28, 2025
$484,900

61 Commercial Street

Welland (Lincoln/Crowland), ON L3B 2P3

Detached House SoldNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for 61 Commercial Street, Welland, Lincoln/Crowland

2025-03-11
2025-03-28
Sold
Price
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MLS#
x12012251
2025-02-06
2025-03-11
Terminated
Price
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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 61 Commercial Street, Welland, Lincoln/Crowland

Single family home OR solid investment opportunity! This well-maintained, all-brick bungalow is a fantastic addition to any investment portfolio, offering approximately 2,250 square feet of finished living space with flexible rental potential. Whether you choose to enjoy it as a spacious single-family home or take advantage of its setup as two separate units, the possibilities are endless. The main floor features a bright living room with LVP flooring, a generous kitchen, three bedrooms, and a four-piece bath. A separate side entrance leads to the lower level, complete with an open-concept living area, kitchen, two additional bedrooms, a four-piece bath, two laundry areas, and ample storage. The attached single garage offers additional space, while the fully fenced yard ensures privacy. With a prime location close to shopping and amenities, this property is perfect for multi-generational living or generating rental income.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,138
Land Transfer Tax Fee
$6,173

Rental Items

Rental Equipment
Hot Water Heater

Basement Type
Full, Separate Entrance

Interior Features

Laundry Level
Lower Level
Interior Extras
In-Law Suite, Separate Heating Controls
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None
Property Features
Park, Place Of Worship, Public Transit

Building

Building Type
Detached
Building Style
Bungalow
Approx Age
51-99

Construction

Exterior Finish
Brick
Roof
Asphalt Shingle
Foundation Details
Concrete Block
Special Designation
Unknown

Lot

Lot Front
50.00 ft
Lot Depth
100.00 ft

Inclusions

Inclusions
Negotiable

Exclusions

Exclusions
CHEST FREEZERS, TENANTS BELONGINGS

Parking & Garages

Garage Type
Attached
Garage Spaces
1
Parking Spaces
2
Total Garage And Parking Spaces
3

Heating & Cooling

Heat Source
Gas
Heat Type
Radiant
Air Conditioning
Other
Water
Municipal
Sewers
Sewer

Bedrooms
3 + 2
Washrooms
2
Kitchens
2
Family / bonus room
Yes

Room sizes

  • Kitchen—
    Main level
  • Living Room—
    Main level
  • Bedroom—
    Main level
  • Bedroom—
    Main level
  • Bedroom—
    Main level
  • Bedroom—
    Lower level
  • Bedroom—
    Lower level
  • Kitchen—
    Lower level, Combined w/Living

Washrooms

  • 4-piece, Main
  • 4-piece, Lower

Municipality
Welland
Neighbourhood
Lincoln/Crowland
Main cross streets
South off Ontario Road
Zoning
RL2
Directions
South off Ontario Road

MLS® number
X12012251
Data source
Toronto Regional Real Estate Board
Status change
2025-03-28
Listed on
2025-03-11
Days on market
17 days
Possession type
60-89 days
Co-op commission
2%+HST
Seller
Listed by
REVEL Realty Inc., Brokerage

Home Market Value

Current home valuation for 61 Commercial Street, Welland, Lincoln/Crowland, Welland, ON. Listed for $484,900

HOMEH Estimate

?

$449,078

Estimated Sales Range

?

$354,772 - $543,384

HOMEH Estimate for 61 Commercial Street, Welland, Lincoln/Crowland

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

$449,078Medium 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:5.0%

5% of purchase price for homes $500K or less

Minimum down payment

$24,245

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$18,426$13,529$11,541$0
=Total mortgage
$479,081$449,939$423,706$387,920
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,339monthly$2,197monthly$2,069monthly$1,894monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$6,173

Total Land Transfer Tax

$6,173

Around this home

5/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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