Hassan Nouman
159 Nelles Road, Welland, ON L3B 6C3, Welland, ON
+7 photos
$475,000

159 Nelles Road, Welland, ON L3B 6C3, Welland, ON

Welland, ON L3B 6C3
2 beds 1 bath Detached

About this home

Welcome to 159 Nelles Rd, nestled in a well-established, friendly community in Welland, with parks nearby and convenient access to everyday amenities.This affordable bungalow, less than 30 years old, is a fantastic opportunity for first-time buyers, downsizers, or anyone seeking easy one-level living. Inside, you'll find an open-concept layout with a warm, cozy ambiance, highlighted by a natural gas stove in the living room - perfect for relaxing evenings. The kitchen offers ample counter space and plenty of cupboards, making it both functional and inviting.A standout feature is the bright back sunroom, offering incredible flexibility; use it as a cozy lounge, an expanded dining or gathering space, a home office, or even a hobby room while enjoying views of the backyard.Convenient main floor living includes bedrooms, bathrooms, and laundry all on one level.The basement is partially finished with drywall, lighting, and receptacles, and includes a rough-in for a future bathroom - giving you a great head start to customize the space to your needs.Key updates include furnace (2015), shingles (2012), owned hot water tank (2024), and washer and dryer (2021).This well-maintained home is truly move-in ready - just buy and enjoy!

Property Score

56/ 100
Overall Property Score
good

A blend of both buyer and investor metrics.

Score breakdown
Walkability
55/100good
Score based on neighborhood density, downtown proximity, and walkable amenities.
Transit Access
45/100fair
GO Transit, LRT, and bus access from this neighborhood.
Schools
62/100good
Based on local school rankings (Fraser Institute proxy).
Affordability
80% of city avggreat
Priced below Welland's average of $595,000.
Appreciation Trend
+1.2%/yrgood
Welland has seen +1.2% YoY price change.
Monthly Cash Flow
-$1,275/mopoor
Estimated -$1,275/mo at 20% down, 5% rate, 25-yr amortization.
Cap Rate
2.39%fair
Net operating income divided by purchase price.
Basement Suite Potential
Buildablegreat
Strong potential for a legal basement suite - could add ~$1,290/mo.
Move-In Ready
Avggreat
Estimate. Use the listing description and photos to assess actual condition.
MLS® # X13045368
Listings displayed are for informational purposes only and are believed to be accurate but are not guaranteed. MLS®, REALTOR®, and the associated logos are owned by The Canadian Real Estate Association (CREA). MLS® data is provided courtesy of the Toronto Regional Real Estate Board (TRREB) and is for personal, non-commercial use only. Cityscape Real Estate Ltd., Brokerage.
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