- Bedrooms
- 2+2
- Bathrooms
- 3
- Size
- 1,500–2,000sq ft
- Per sq ft
- $400at the range’s middle
- Lot
- 60 x 204 ft
- Tax a year
- $7,1542026 tax year
- Parking
- 82 attached
- Days on market
- Members
The brief
About 245 First Ave
245 First Ave is a 2+2-bedroom, 3-bathroom detached house in N. Welland, Welland, listed for sale at an asking price of $699,999 (MLS® X14093036).
Welcome to this beautiful, spacious custom built bungalow sitting on a desirable 60 by 204 lot. Open concept layout and a carpet free home provides ample space for a growing family. Separate living room at foyer entrance can be converted to a bedroom as per builder floor plans. The huge family room with vaulted ceiling and skylights for extra sunlight is combined with a good size dining room that is great for entertaining. The updated kitchen has cambria countertops, S/S appliances, a centre island and a breakfast area with extended floor to ceiling cabinetry. This home has it all with some extra highlights such as in ground sprinkler system in front and backyard, a powered shed with open door to the back, a 2 car garage with a drive through/lift door accessible to backyard, a small pond with a waterfall in backyard, a separate entrance leading to the basement, a pergola in the backyard, a 3 season solarium and a cold cellar in the basement. This home offers the potential to create a second dwelling unit with a separate entrance to the basement as well as a 3pc washroom in the basement, a huge rec room with a gas fireplace, 2 bedrooms and an opportunity to create a kitchen and second laundry unit in the basement. The basement also has additional rooms for an office and exercise room. One of the show stoppers of this home is the 3 season solarium that overlooks a huge private backyard surrounded by mature trees. Great for entertaining and gardening. Your oasis awaits! Shingles (2015).
Insights
Condition Score
Good73/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall33/100−$1,015/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 8 detached homes with 4 bedrooms for lease in Welland right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $7,154 / 2026
- MLS® number
- X14093036
- Board
- TRREB MLS®
- Property Type
- Detached
- Days on market
- Size
- 1500-2000 sqft
- Lot Size
- 60 x 204 ft
- Listed on
- Parking
- 2 Attached, 8 Parking
Property details
Property
- Property Type
- Detached
- Style
- Bungalow
- Community
- N. Welland
- Municipality
- Welland
Building
- Size
- 1500-2000 sqft
- Construction
- Brick
Inside
- Bedrooms
- 2+2
- Bathrooms
- 3
- Bathroom Details
- 1 × 3pc Main, 1 × 3pc Lower, 1 × 4pc Main
- Basement Type
- Separate Entrance
- Kitchens
- 1
Parking
- Driveway
- Private
- Garage Type
- Attached
- Garage
- 2
- Additional Parking
- 6
- Total Parking
- 8
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 60 ft
- Depth
- 204 ft
- Lot Size
- 60 x 204 ft
Additional
- Roof
- Shingles
- Fireplace
- Yes
- Pool
- None
- Den
- Yes
- Family room
- Yes
- Extras
- Hot Water Tank (Owned), All appliances, all window coverings, all electrical light fixtures.
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 4.55 × 2.56 m | hardwood floor, Separate Rm, O/Looks Frontyard | Main |
| 2nd Br | 3.33 × 3.66 m | hardwood floor, Closet, Window | Main |
| Laundry | 1.46 × 2.62 m | Separate Rm, Window | Main |
| Primary | 3.67 × 4.09 m | hardwood floor, Closet, 4 Pc Ensuite | Main |
| Great Rm | 4.56 × 8.33 m | hardwood floor, Vaulted Ceiling, Gas Fireplace | Main |
| Dining | 3.35 × 3.3 m | hardwood floor, Combined W/Family | Main |
| Kitchen | 4.03 × 3.3 m | Updated, Stainless Steel Appl, Centre Island | Main |
| Breakfast | 3.23 × 3.45 m | hardwood floor, Combined W/Kitchen, O/Looks Backyard | Main |
| Solarium | 4.72 × 5.45 m | Laminate, Separate Rm, O/Looks Backyard | Main |
| Br | 3.23 × 3.45 m | Laminate, Window, Closet | Bsmt |
| Br | 4.8 × 6.11 m | Laminate, Window | Bsmt |
| Rec | 4.57 × 8.23 m | Laminate, Gas Fireplace, Wet Bar | Bsmt |
| Exercise | 4.55 × 2.59 m | Laminate, Separate Rm | Bsmt |
| Office | 1.82 × 3.04 m | Laminate, Separate Rm | Bsmt |
Listing history
Buy/sell history for 245 First 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 | $699,999 | N/A | For Sale | X14093036 |
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
- $140,000
- Total mortgage amount
- $559,999
- Total interest payment
- $398,201
- Total purchase cost
- $1,098,200
- Mortgage payment
- $3,194/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
45%Monthly carrying cost
$3,790- Rent $2,775
- Shortfall $1,015
Rental income opens at $2,775, the median asking rent of 8 comparable homes for lease in Welland. 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
- $10,475
- Total land transfer tax
- $10,475
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $6,475
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 $400,000
- $2,250
- 2.0% from $400,000 to $699,999
- $6,000
- Ontario total
- $10,475
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 land
Lot
- Lot area
- 12,240 sq ft1,137 m²
- Street frontage
- 60 ft18.3 m
- Depth
- 204 ft62.2 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation2
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m250 m
Province of Ontario open data
Planning and building activity2
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- Nearest airport: 5.1 km5.1 km
Province of Ontario open data
Around the home1
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- 1 recorded oil, gas or salt well within 250 mFrom Ontario’s petroleum well records, which include old and plugged wells.250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Regional Municipality of Niagara — Welland Wastewater Treatment Plant, 1.9 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Welland Hydro-Electric System Corp.At the address
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (20 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Cogeco Connexion, Niagara Regional Broadband Network. Cable: Cogeco Connexion. DSL: Bell. Fixed wireless: Bell, Last Mile Wireless Internet, NWIC, Rogers, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Niagara Peninsula Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
The market
Detached homes for sale in N. Welland right now
- For sale now
- 58
- Median asking price
- $672K
- New in 7 days
- 5
- Price cuts
- 31%
Middle half: $575K to $760K
20 in 28 days
18 listings
This home is asking 4% above the median.
See all homes in N. WellandAsking 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
Map and tour
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Glendale Public SchoolDSB Niagara | Public · grades JK–8 | 500 m | 69%Grade 6 average |
| Ross Public SchoolDSB Niagara | Public · grades JK–8 | 900 m | 78%Grade 6 average |
| St Kevin Catholic Elementary SchoolNiagara CDSB | Catholic · grades JK–8 | 1.1 km | 96%Grade 6 average |
| ÉÉC du Sacré-Coeur-WellandConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–8 | 1.6 km | 80%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Welland Centennial Secondary SchoolDSB Niagara | Public · grades 9–12 · French Immersion | 550 m | 65%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 | 2.3 km | 67%Grade 9 math |
| École secondaire Franco-NiagaraConseil scolaire Viamonde | French-language public · grades 9–12 | 3.5 km | 48%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
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Sold prices in N. Welland are shown to signed-in members.