248 WALLACE Avenue
Welland, Ontario
4 bed • 2 bath • Single Family
The charm and craftsmanship of yesteryear are beautifully preserved in this spacious, well-maintained home, ready for a new family to make it their own. Rich wood trim, handcrafted wood radiator covers, and oak hardwood flooring under most carpeting showcase its character, while updated mechanicals including windows, roof, and boiler provide peace of mind. Offering 4 bedrooms, this home delivers the flexibility needed for growing families, home offices, or guest space. The bright, airy kitchen features ample workspace and a walk-out to the back porch, perfect for easy indoor-outdoor living and entertaining. A formal dining room comfortably hosts family gatherings, while the large foyer, inviting living room, and finished basement rec room with gas fireplace create multiple spaces for both lively get-togethers and quieter evenings. The impressive double garage with a full second storey opens the door to endless possibilities - ideal for hobbyists, a workshop, studio, or potential to explore the idea of future accessory living space. A rare combination of character, space, and versatility, this is a home you won’t want to miss.
Price History
Schools
Elementary
- Princess Elizabeth Public School0.4 km
Public · DSB Niagara · 465 students
Grade 3 reading: 80% met the provincial standard · Grade 6 math: 48% met the provincial standard
- St Andrew Catholic Elementary School0.6 km
Catholic · Niagara CDSB · 320 students
Grade 3 reading: 78% met the provincial standard · Grade 6 math: 96% met the provincial standard
- École intermédiaire Franco-Niagara0.8 km
French public · CS Viamonde · 50 students
Secondary
- Eastdale Secondary School0.7 km
Public · DSB Niagara · 455 students
Grade 10 literacy: 92% met the provincial standard
- École secondaire Franco-Niagara0.8 km
French public · CS Viamonde · 120 students
Grade 10 literacy: 100% met the provincial standard
- Notre Dame College School1.6 km
Catholic · Niagara CDSB · 1130 students
Grade 10 literacy: 85% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area L3B
- Population
- 25,869
- Private dwellings
- 11,617
- Median age
- 43.2
- Average household size
- 2.3
- Median household income
- $66,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Single Family in Welland · last 12 months
- Median sold price
- $532,750
- Homes sold
- 762
- Median days on market
- 33
- Sale-to-list price
- 96.3%
Based on 762 recorded sales of single family properties in Welland over the last 12 months.
Location
Mortgage Calculator
$107,980
Estimated Monthly Payment
$2,652
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,652/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $135/mo
Estimates only. Consult a financial advisor.
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