15 Wallace Ave
Lincoln/Crowland, Welland, Ontario L3B 1R4
- Bedrooms
- 2
- Bathrooms
- 1
- Size
- < 700sq ft
- Lot
- 30 x 100 ft
- Tax a year
- $1,8642026 tax year
- Built
- 51-99
- Parking
- 1none
- Days on market
- Members
The brief
About 15 Wallace Ave
15 Wallace Ave is a 2-bedroom, 1-bathroom detached house in Lincoln/Crowland, Welland, listed for sale at an asking price of $292,500 (MLS® X14126800).
Why pay rent when you can own your own home with a fenced in yard and a parking space right out front? This simple and cute little 2 bedroom home is available for immediate occupancy...meaning you can give your landlord notice now and move in before the snow flies! All you need in a home without having to share walls with anyone else. A spacious living room, 2 decent sized bedrooms, an updated kitchen, 4 pc bathroom and even laundry in the back entryway. The backyard is fully fenced with an oversized shed, great for secure storage, and a fully fenced yard. The kitchen was renovated in 2025 along with the entire home freshly painted. Gas wall heater is great for the home, but bedrooms have supplemental wall heaters for the extra cold nights. Appliances are all included (as-is) Close to schools, shopping, 406 access and public transit.
Insights
Condition Score
Good78/1002 documented update signals
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Strong84/100+$360/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 9 homes with 2 bedrooms for lease in Lincoln/Crowland right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $1,864 / 2026
- MLS® number
- X14126800
- Board
- TRREB MLS®
- Property Type
- Detached
- Building Age
- 51-99
- Days on market
- Size
- < 700 sqft
- Lot Size
- 30 x 100 ft
- Listed on
- Parking
- None, 1 Parking
Property details
Property
- Property Type
- Detached
- Style
- Bungalow
- Community
- Lincoln/Crowland
- Municipality
- Welland
Building
- Size
- < 700 sqft
- Building Age
- 51-99
- Construction
- Other
Inside
- Bedrooms
- 2
- Bathrooms
- 1
- Bathroom Details
- 1 × 4pc Main
- Basement Type
- Crawl Space
- Kitchens
- 1
Parking
- Garage Type
- None
- Additional Parking
- 1
- Total Parking
- 1
Utilities
- Water
- Municipal
- Cooling
- Window Unit
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 30 ft
- Depth
- 100 ft
- Lot Size
- 30 x 100 ft
Additional
- Foundation
- Block
- Roof
- Asphalt Shingle
- Fireplace
- No
- Pool
- None
- Den
- No
- Family room
- No
- Extras
- Space heater in laundry area. Existing washer, dryer, Stove, Microwave and fridge all in AS-IS condition
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.66 × 4.46 m | — | Main |
| Room 2 | 2.53 × 3.09 m | — | Main |
| Br | 2.67 × 3.45 m | — | Main |
| 2nd Br | 2.55 × 3.09 m | — | Main |
| Bathroom | 1.19 × 2.99 m | — | Main |
| Laundry | 2.2 × 1.85 m | — | Main |
Listing history
Buy/sell history for 15 Wallace Ave, Welland, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $292,500 | N/A | For Sale | X14126800 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $58,500
- Total mortgage amount
- $234,000
- Total interest payment
- $166,500
- Total purchase cost
- $459,000
- Mortgage payment
- $1,335/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
—Monthly carrying cost
$1,490- Carrying cost $1,490
- Surplus $360
Rental income opens at $1,850, the median asking rent of 9 comparable homes for lease in Lincoln/Crowland. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $2,863
- Total land transfer tax
- $2,863
- First-time buyer rebates (Ontario up to $4,000)
- −$2,863
- Total for first-time buyers
- $0
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $292,500
- $638
- Ontario total
- $2,863
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The market
Detached homes for sale in Lincoln/Crowland right now
- For sale now
- 60
- Median asking price
- $460K
- New in 7 days
- 3
- Price cuts
- 40%
Middle half: $350K to $597K
18 in 28 days
24 listings
This home is asking 36% below the median, lower than three quarters of them.
See all homes in Lincoln/CrowlandAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| St Andrew Catholic Elementary SchoolNiagara CDSB | Catholic · grades JK–8 | 550 m | 91%Grade 6 average |
| Princess Elizabeth Public SchoolDSB Niagara | Public · grades JK–8 · French Immersion | 900 m | 76%Grade 6 average |
| ÉÉC Saint-François-d'AssiseConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–8 | 1.4 km | 62%Grade 6 average |
| Plymouth Public SchoolDSB Niagara | Public · grades JK–8 | 1.4 km | 100%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| École secondaire Franco-NiagaraConseil scolaire Viamonde | French-language public · grades 9–12 | 900 m | 48%Grade 9 math |
| Eastdale Secondary SchoolDSB Niagara | Public · grades 9–12 | 1 km | 43%Grade 9 math |
| Notre Dame College SchoolNiagara CDSB | Catholic · grades 9–12 · French Immersion | 1.3 km | 56%Grade 9 math |
| ÉSC Saint-Jean-de-BrébeufConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 2 km | 67%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
Similar Active Listings
Recently sold nearby
Sold prices in Lincoln/Crowland are shown to signed-in members.