- Bedrooms
- 4
- Bathrooms
- 4
- Size
- 3,000–3,500sq ft
- Per sq ft
- $308at the range’s middle
- Lot
- Under 0.50 acres
- Tax a year
- $8,5332025 tax year
- Parking
- 82 attached
- Days on market
- Members
The brief
About 490 Silverwood Ave
490 Silverwood Ave is a 4-bedroom, 4-bathroom detached house in Coyle Creek, Welland, listed for sale at an asking price of $999,999 (MLS® X12635720).
Welcome to 490 Silverwood Ave situated in the best location of Welland where no old houses are around having 4 Bedrooms 1 office room 1 exercise room and 3.5 washrooms. 3240 Sq ft Biggest lot (50 ft) of the subdivision with double car garage and 6 parking in the driveway. Fenced backyard, Wired for electric vehicles.High-end appliances with gas stove. california shutters. 9 Ft ceiling on the main floor. Expose a concrete walkway up to the backyard. Extended driway is approved by city of Welland.
Insights
Condition Score
Good68/1006 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall13/100−$2,499/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
- $8,533 / 2025
- MLS® number
- X12635720
- Board
- TRREB MLS®
- Property Type
- Detached
- Days on market
- Size
- 3000-3500 sqft
- Lot Size
- 49.54 x 111.78 ft
- Listed on
- Parking
- 2 Attached, 8 Parking
Property details
Property
- Property Type
- Detached
- Style
- 2-Storey
- Community
- Coyle Creek
- Municipality
- Welland
Building
- Size
- 3000-3500 sqft
- Construction
- Brick Front
Inside
- Bedrooms
- 4
- Bathrooms
- 4
- Bathroom Details
- 1 × 5pc 2nd, 1 × 4pc 2nd, 1 × 4pc 2nd, 1 × 2pc Main
- Basement Type
- Unfinished
- 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
- 49.54 ft
- Depth
- 111.78 ft
- Lot Size
- 49.54 x 111.78 ft
Additional
- Roof
- Shingles
- Fireplace
- No
- Pool
- None
- Den
- Yes
- Family room
- Yes
- Extras
- S/S Stove, S/S Double door fridge, S/S dishwasher, Washer and dryer, All ELF'S, Window covering.
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Kitchen | 5.43 × 3.48 m | Eat-In Kitchen, California Shutters, Ceramic Floor | Main |
| Living | 5.43 × 4.3 m | California Shutters, hardwood floor | Main |
| Dining | 4.3 × 3.96 m | California Shutters, hardwood floor | Main |
| Family | 3.51 × 3.49 m | California Shutters, hardwood floor | Main |
| Primary | 5.47 × 3.4 m | 5 Pc Bath, California Shutters | 2nd |
| 2nd Br | 4.72 × 4.52 m | 4 Pc Bath, California Shutters | 2nd |
| 3rd Br | 3.82 × 3.35 m | 4 Pc Bath, California Shutters | 2nd |
| 4th Br | 3.73 × 3.46 m | California Shutters | 2nd |
| Office | 3.73 × 3.46 m | California Shutters, hardwood floor | 2nd |
| Exercise | 3.72 × 3.01 m | California Shutters | 2nd |
| Laundry | 2.3 × 2.2 m | California Shutters, Ceramic Floor | Main |
Listing history
Buy/sell history for 490 Silverwood 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 | $999,999 | N/A | Pc | X12635720 |
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
- $200,000
- Total mortgage amount
- $799,999
- Total interest payment
- $568,901
- Total purchase cost
- $1,568,900
- Mortgage payment
- $4,563/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
64%Monthly carrying cost
$5,274- Rent $2,775
- Shortfall $2,499
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
- $16,475
- Total land transfer tax
- $16,475
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $12,475
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 $999,999
- $12,000
- Ontario total
- $16,475
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
- 5,538 sq ft514 m²
- Street frontage
- 49.54 ft15.1 m
- Depth
- 111.78 ft34.1 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 conservation3
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m3 test or monitoring holes also recorded.250 m
- Groundwater recorded about 7.3 m below ground nearbyThe middle water level in the well records within 500 m (14 records). It changes with the season and from spot to spot.500 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: 2.6 km2.6 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Vesuvius Canada — Welland Plant, 2.2 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 (10 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 Coyle Creek right now
- For sale now
- 14
- Median asking price
- $859K
- New in 7 days
- 0
- Price cuts
- 14%
Middle half: $815K to $1.1M
5 in 28 days
2 listings
This home is asking 16% above the median.
See all homes in Coyle CreekAsking 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 |
|---|---|---|---|
| ÉÉC du Sacré-Coeur-WellandConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–8 | 1.3 km | 80%Grade 6 average |
| Holy Name Catholic Elementary SchoolNiagara CDSB | Catholic · grades JK–8 | 1.5 km | 77%Grade 6 average |
| Gordon Public SchoolDSB Niagara | Public · grades JK–8 · French Immersion | 2.1 km | 80%Grade 6 average |
| Fitch Street Public SchoolDSB Niagara | Public · grades JK–8 | 2.1 km | 81%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Welland Centennial Secondary SchoolDSB Niagara | Public · grades 9–12 · French Immersion | 2.5 km | 65%Grade 9 math |
| Notre Dame College SchoolNiagara CDSB | Catholic · grades 9–12 · French Immersion | 3.5 km | 56%Grade 9 math |
| Eastdale Secondary SchoolDSB Niagara | Public · grades 9–12 | 4.9 km | 43%Grade 9 math |
| École secondaire Franco-NiagaraConseil scolaire Viamonde | French-language public · grades 9–12 | 4.9 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 Coyle Creek are shown to signed-in members.