137 Northgate Dr
Welland, L3C 5Y3
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3 + 5
BEDROOMS2
BATHROOMS1
KITCHENS6
ROOMSX3945257
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Property Description
Niagara College 8 Bedroom Student Home - Fully Rented! Excellent Investment Property With Fantastic Cash Flow. Bungalow Semi-Detached Home In Good, Well Maintained Condition. Super Close To The College - Just A Few Minute Walk To The Doors. Egress Windows On Lower Levels. 2 Common Areas. Rough In Plumbing For Second Kitchen Downstairs. All Windows Updated From Brand New To 15 Years. Roof Shingles And Exterior Doors Replaced In 2013.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-03-30 | 2022-04-03 | 4 | $599,999 | $760,000 | Sold |
Extras
Purchase This Semi Only Or Purchase Together With The Second One That The Owner Is Selling On First Avenue.
Property Features
School
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Property Details
Street
City
Property Type
Semi-Detached, Bungalow
Approximate Sq.Ft.
700-1100
Lot Size
18' x 114'
Acreage
< .50
Lot Irregularities
Pie
Fronting
East
Taxes
$2,368 (2017)
Basement
Finished
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 35.76' x 45.60' | |
| Kitchen | Main | 30.84' x 52.49' | |
| Master | Main | 27.23' x 33.14' | |
| 2nd Br | Main | 26.90' x 37.07' | |
| 3rd Br | Main | 35.10' x 38.71' | |
| 4th Br | Bsmt | 29.20' x 48.23' | |
| 5th Br | Bsmt | 29.53' x 31.17' | |
| Br | Bsmt | 28.87' x 38.39' | |
| Br | Bsmt | 28.87' x 38.39' | |
| Br | Bsmt | 30.51' x 36.09' |
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Welland Market Statistics
Welland Price Trend
137 Northgate Dr is a 3-bedroom 2-bathroom home listed for sale at $315,000, which is $320,109 (50.4%) lower than the average sold price of $635,109 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 3 bedroom home in Welland increased by $53,184 (9.1%) compared to the previous 30 day period (February 26 - March 26) and up $29,059 (4.8%) from the same time one year ago.Inventory Change
There were 30 3-bedroom homes listed in Welland over the last 30 days (March 27 - April 25), which is down 23.1% compared with the previous 30 day period (February 26 - March 26) and down 0.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Welland typically sold ($11,081) (1.7%) below asking price over the last 30 days (March 27 - April 25), which represents a $1,363 decrease compared to the previous 30 day period (February 26 - March 26) and ($19,810) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Welland over the last 30 days (March 27 - April 25) stood at 106.7%, up from 69.2% over the previous 30 days (February 26 - March 26) and up from 66.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Welland stood at 20 days when successfully sold over the last 30 days (March 27 - April 25), compared to 113 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Garden City Realty Inc., Brokerage
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