42 Terrace Ave
Broadway, Welland, Ontario L3C 2C4
- Bedrooms
- 3+1
- Bathrooms
- 2
- Size
- 700–1,100sq ft
- Per sq ft
- $494at the range’s middle
- Lot
- 29.25 x 110.16 ft
- Tax a year
- $3,0422025 tax year
- Built
- 31-50
- Parking
- 3none
- Days on market
- Members
The brief
About 42 Terrace Ave
42 Terrace Ave is a 3+1-bedroom, 2-bathroom semi-detached house in Broadway, Welland, listed for sale at an asking price of $445,000 (MLS® X13818974).
Imagine finally having the space you've been searching for. A backyard where the kids can play. Room for family gatherings. Space for a home office, hobby room, or visiting relatives. A place that can grow and change with your family's needs over the years. Welcome to 42 Terrace Avenue. Situated on a 30 x 110 ft lot with no rear neighbours, this 4-level semi-detached backsplit offers the flexibility that many buyers are searching for but rarely find at this price point. With 3+1 bedrooms, 2 kitchens, a separate entrance to the lower level, and multiple living areas spread across four levels, there's room here for everyone. Recent updates help make the transition even easier, including new laminate flooring throughout the main and upper levels, a freshly painted interior, and an updated main bathroom completed in 2026. The carpet-free design offers a clean, modern feel that's both stylish and easy to maintain. Whether you're a first-time buyer looking to put down roots, a growing family needing more space, or someone exploring multi-generational living, this home offers endless possibilities to make it your own. Step outside and discover why so many people love calling Welland home. Spend weekends exploring nearby parks and trails, enjoying the Welland Recreational Waterway, cycling, kayaking, fishing, or taking advantage of the many community amenities just minutes away. Schools, parks, recreation facilities, shopping, transit, and everyday conveniences are all close by, making life a little easier and a lot more enjoyable. This isn't just a home. It's an opportunity to create your next chapter in a community that offers space, convenience, and a lifestyle you'll enjoy for years to come. Some photographs have been virtually staged to illustrate the property's potential and are for illustrative purposes only.
Insights
Condition Score
Good73/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Strong78/100+$415/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 14 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
- $3,042 / 2025
- MLS® number
- X13818974
- Board
- TRREB MLS®
- Property Type
- Semi-Detached
- Building Age
- 31-50
- Days on market
- Size
- 700-1100 sqft
- Lot Size
- 29.25 x 110.16 ft
- Listed on
- Parking
- None, 3 Parking
Property details
Property
- Property Type
- Semi-Detached
- Style
- Backsplit 4
- Community
- Broadway
- Municipality
- Welland
Building
- Size
- 700-1100 sqft
- Building Age
- 31-50
- Construction
- Alum Siding
Inside
- Bedrooms
- 3+1
- Bathrooms
- 2
- Bathroom Details
- 1 × 4pc 2nd, 1 × 4pc Lower
- Basement Type
- Separate Entrance
- Kitchens
- 1
Parking
- Driveway
- Mutual
- Garage Type
- None
- Additional Parking
- 3
- Total Parking
- 3
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 29.25 ft
- Depth
- 110.16 ft
- Lot Size
- 29.25 x 110.16 ft
Additional
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Fireplace
- No
- Pool
- None
- Den
- Yes
- Family room
- Yes
- Extras
- Fridge x2, stove x2, microwave, dishwasher, washer, dryer, ELFs
Rooms
Room details unavailable
The listing source did not provide room-level measurements or features.
Listing history
Buy/sell history for 42 Terrace 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 | $445,000 | N/A | For Sale | X13818974 |
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
- $89,000
- Total mortgage amount
- $356,000
- Total interest payment
- $253,300
- Total purchase cost
- $698,300
- Mortgage payment
- $2,031/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
4%Monthly carrying cost
$2,285- Carrying cost $2,285
- Surplus $415
Rental income opens at $2,700, the median asking rent of 14 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
- $5,375
- Total land transfer tax
- $5,375
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $1,375
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 $445,000
- $900
- Ontario total
- $5,375
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
- 3,222 sq ft299 m²
- Street frontage
- 29.25 ft8.9 m
- Depth
- 110.16 ft33.6 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, measured by MPAC.
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 m1 test or monitoring hole also recorded.250 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: 4.3 km4.3 km
Province of Ontario open data
Around the home2
- Nearest rail line: 190 m190 m
- 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
- 1 facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Vesuvius Canada — Welland Plant, 370 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
- 1 federal contaminated site within 1 kmAll of them are closed. The federal inventory covers federal land only, not 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 (30 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
Market area · filters apply to the charts below
The street
Map and tour
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| St Augustine Catholic Elementary SchoolNiagara CDSB | Catholic · grades JK–8 | 1.1 km | 70%Grade 6 average |
| St Mary Catholic Elementary SchoolNiagara CDSB | Catholic · grades JK–8 | 1.5 km | 69%Grade 6 average |
| Plymouth Public SchoolDSB Niagara | Public · grades JK–8 | 1.6 km | 100%Grade 6 average |
| ÉÉC du Sacré-Coeur-WellandConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–8 | 1.9 km | 80%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Notre Dame College SchoolNiagara CDSB | Catholic · grades 9–12 · French Immersion | 2.7 km | 56%Grade 9 math |
| Welland Centennial Secondary SchoolDSB Niagara | Public · grades 9–12 · French Immersion | 2.8 km | 65%Grade 9 math |
| Eastdale Secondary SchoolDSB Niagara | Public · grades 9–12 | 3.3 km | 43%Grade 9 math |
| École secondaire Franco-NiagaraConseil scolaire Viamonde | French-language public · grades 9–12 | 3.4 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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Recently sold nearby
Sold prices in Broadway are shown to signed-in members.