68 days on Market

194 Iva St, Welland, Ontario L3B 1W6

Detached
4 + 1
3
~1500-2000 sqft
$865,000
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Detached
4 + 1
3
~1500-2000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$504/sqft

Est. Mortgage$3,715/mo

Tax Amount (2024)$5,917/yr

Days On Market68 days


Description

This fabulous home was built in 2020 by a local custom builder! The attention to detail can be felt as you enter! It is a raised bungalow design with an enclosed loft primary suite area. It also offers a full lower-level in-law suite with its own stunning kitchen, perfect for entertaining or a multi-generational home. With city approval, it could become a perfect income-generating unit to help with your mortgage! When you enter the home, there is a convenient coat closet, access to the garage, and a great split-level design highlighting the spacious foyer. The impressive open-concept great room with a cathedral ceiling encompasses the beautiful kitchen, dining, & living areas. There is sliding door access to a good-sized deck to enjoy the outdoors & barbecuing. The gas BBQ is also included! The main floor level also offers three generous bedrooms and a family four-piece bathroom with a laundry closet located within the bathroom. In the front foyer, there are also stairs leading up to an enclosed loft area where the private primary suite is found with a stunning three-piece ensuite. That makes a total of four spacious bedrooms above grade! The lower level has two entrances: stairs from the front foyer or a separate stairway within the attached garage. The lower level offers great ceiling height and large windows; you forget you are partially below grade! True attention to detail was used to finish this lower area! It has its own 100 amp breaker panel, Rockwool sound insulation was used in the ceilings and interior walls, and Wi-Fi network & speaker cables are hardwired in. The uninstalled speakers are included. This stunning area could be used as additional entertaining space or as an in-law suite, as it offers a combination kitchen with living space. There is also an additional 3-piece bathroom, bedroom & laundry closet with all the hook-ups installed. The 50 x 111 ft partially fenced lot is the perfect size and easy to maintain! City conveniences are all nearby!


Property Details

StyleBungalow-Raised
View-
Age of property0-5
SqFt~1500-2000 SqFt
Lot Size5,550 SqFt(111 x 50)
Parking Spaces3
MLS ®NumberX11992569
Community NameOntario Road / Dain City
Data SourceTRREB
Listing byREVEL Realty Inc., Brokerage

Features

Heating: Forced Air
Cooling: Central Air
Basement: Finished, Walk-Up

Main Floor

2nd Br

3.035 x 3.126

Carpet Free

Bathroom

3.626 x 2.691

4 Pc Bath / Combined W/Laundry

Great Rm

6.203 x 7.298

Open Concept / Combined W/Kitchen / Combined W/Living

3rd Br

3.524 x 4.458

O/Looks Backyard / carpet free


Features

Lot size: 5,550 SqFt

Parking

Garage spaces 1

Garage type Attached

Other parking spaces 2

Total parking spaces 3


Property History

Feb 28, 2025
ListedActive
$865,000
68 days on market
history photo preview43
Listing by trreb®
Property listed by REVEL Realty Inc., Brokerage, Brokerage
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Market Data - Ontario Road / Dain City

Geo Zone Map ThumbnailOntario Road / Dain City

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

82 days

Compared to

2024

25 days

2023

47 days

2022

7 days

New Listings

Past 30 days

28 listings

Compared to

2024

25 listings

2023

8 listings

2022

17 listings

Units sold

Past 30 days

9 units

Compared to

2024

4 units

2023

13 units

2022

8 units

Median Sold Price

Past 30 days

$500,000

Compared to

2024

$481,250

2023

$630,000

2022

$612,500


Population and Demographics

Overview

Total population 4998
Average household income $91,200

Age (%)

50 to 64
22%
0 to 19
22%
20 to 34
19%
65 and plus
18%
35 to 49
18%

Household composition (%)

Single family
66%
Single person
29%
Multi person
4%
Multi family
1%

Mother tongue (%)

English
84%
French
9%
Others
2%
English and French
2%
Spanish
1%
Italian
1%

House tenancy (%)

Owners
73%
Renters
27%

Schools and amenities

Estimated Budget