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Coldwell Banker Summit Realty

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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage — RECO Registration #6018570.

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale Listed 6 days ago

    232 Wallace Avenue S

    ·Welland, ON··

    • 5 beds
    Welland real estate›X13582534
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Welcome to this custom-built, solid brick bungalow set in one of Welland's most convenient locations, just minutes from all amenities with easy highway access. Being offered by the original owner, this home is a true reflection of pride of ownership from top to bottom. The main level offers pristine hardwood flooring and ceramic tile complementing a warm and functional layout, with three generously sized bedrooms and a 3-piece washroom. The kitchen is a true highlight, featuring a new wall oven - a convection oven with a built-in air fryer, plus steam cleaning and a self-cleaning feature. Some windows have been updated, with the newer ones replaced in 2018. A convenient laundry chute adds everyday ease, and a new washer (2025) brings further peace of mind. Downstairs, the lower level provides an additional two bedrooms along with large windows that bring in an abundance of natural light, a second 3-piece washroom featuring a very generously sized shower, a cozy wood-burning stove, and a good-sized family room with built-in shelving, perfect for relaxing or entertaining. Extensive storage can be found throughout, including a finished crawl space with storage and a pantry area. The attached garage includes a back man door leading to an attached workshop for added convenience. Outside, enjoy a private backyard on this impressive 60 x 100 ft lot, complete with a back deck ideal for entertaining, a detached storage shed with a pristine concrete floor, and a beautifully maintained garden tucked behind the shed.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jul 20, 2026ListedCurrentFor sale$509,999 —X13582534This page
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      4
      Heating
      Baseboard
      Air conditioning
      None
      Water source
      Municipal
      Sewer
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 232 Wallace Avenue S
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $2,505
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $372
    0.88% mill rate · ON
    The market

    How this home sits in the Welland market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Welland market right now

    Average sold price, days on market, and closed-transaction count for Welland — sourced from MLS®.

    • Avg sold price
      $557,380
      Last 30 days
    • Median sold price
      $535,000
      Middle of the market
    • Days on market
      42 d
      Avg from list to close
    • Closed last 30d
      206
      MLS® transactions
    Full Welland market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 232 Wallace Avenue S — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 232 Wallace Avenue S and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 232 Wallace Avenue S listed for?

      232 Wallace Avenue S is listed at $509,999 on the MLS® (listing X13582534). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 232 Wallace Avenue S have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

  1. 2 baths
  2. 1100-1500 sqft
  3. Detached
  4. Asking
    $509,999
    $0 / sqft · MLS® X13582534
    Chat Zara
  5. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $758,037
    $697,394Confidence range$818,680
    Asking vs estimate
    ↓below
    −$248,038
    (-32.7%)
    Asking is below estimate
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 5 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Welland sell in about 42 days — this one has been listed 6 days.

    Avg sold price
    $557,380
    Median sold
    $535,000
    Avg days on market
    42
    Recently sold
    206
    See comparable sales
    Walk through online
    Listing agent has provided two interactive tours
    Open virtual tourWatch video tour
    AI highlights by Zara
    • Welcome to this custom-built, solid brick bungalow set in one of Welland's most convenient locations, just minutes from all amenities with easy highway access.
    • Some windows have been updated, with the newer ones replaced in 2018.
    • Extensive storage can be found throughout, including a finished crawl space with storage and a pantry area.
    • The attached garage includes a back man door leading to an attached workshop for added convenience.
    Ask Zara a follow-up
    Sewer
  6. Parking & garage

    4
    Garage
    Attached
    Garage spaces
    1
    Parking spaces
    2
    Driveway
    1
  7. Interior

    5
    Basement
    Finished, Full
    Family room
    Y
    Kitchens
    1
    Total rooms
    12
    Laundry level
    Lower Level
  8. Exterior & construction

    4
    Exterior
    Brick
    Roof
    Asphalt Shingle
    Foundation
    Poured Concrete
    Pool
    None
  9. Listing & possession

    3
    Occupancy
    Flexible
    Property style
    Bungalow-Raised
    Property class
    Detached
  10. Room-by-room · 12 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Main level

    1 room
    • Foyer
      8.0 × 14.8 ft

    Second level

    6 rooms
    • Kitchen
      Eat-in Kitchen
      11.9 × 23.3 ft
    • Bathroom
      3 Pc Bath
      7.8 × 8.3 ft
    • Bedroom
      10.0 × 12.5 ft
    • Bedroom
      13.8 × 11.6 ft
    • Living Room
      13.8 × 19.4 ft
    • Primary Bedroom
      11.9 × 13.9 ft

    Lower level

    5 rooms
    • Family Room
      17.9 × 21.6 ft
    • Bathroom
      3 Pc Bath
      6.5 × 6.4 ft
    • Bedroom
      12.6 × 10.3 ft
    • Recreation
      25.2 × 13.5 ft
    • Bedroom
      11.0 × 10.3 ft
    Combined estimate
    $2,877
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $2,505
    /mo
    based on the purchase price of $509,999
    $102,000 cash
    $407,999 financed
    $343,642 total interest
    Monthly payment$2,505/ month
    Principal54%$407,999
    Interest46%$343,642

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    or send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    Comparable detacheds that just sold in Welland

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 53 Virginia Street
      Sold
      Sign in for price
      53 Virginia Street
      Detached
    • 210 Wellandvale Drive
      Sold
      Sign in for price
      210 Wellandvale Drive
      Detached
    • 135 Young Street
      Sold
      Sign in for price
      135 Young Street
      Detached
    • 28 SILVERWOOD Avenue
      Sold
      Sign in for price
      28 SILVERWOOD Avenue
      Detached
    • 40 Kingsway
      Sold
      Sign in for price
      40 Kingsway
      Detached
    • 119 Willowbrook Drive
      Sold
      Sign in for price
      119 Willowbrook Drive
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    232 Wallace Avenue SThis home5 / 211,001,500$509,999ask———
    53 Virginia Street4 / 32,000—
    210 Wellandvale Drive5 / 62,000—
    Sold prices are hidden under TRREB rules. to reveal them.

    More detacheds in Welland

    Active listings within ±20% of this asking price.

    • 41 Maple Avenue
      $569,000
      41 Maple Avenue
      Detached 4 2
    • 30 Shotwell Street
      $579,000
      30 Shotwell Street
      Detached 6 2
    • 170 Hellems Avenue
      $499,900
      170 Hellems Avenue
      Detached 4 4
    • 100 Lincoln Street
      $429,000
      100 Lincoln Street
      Detached 4 2
    • 78 York Street
      $449,900
      78 York Street
      Detached 4 2
    • 42 Price Avenue
      $599,000
      42 Price Avenue
      Detached 4 2
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  11. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  12. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  13. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  14. Public listing courtesy of RE/MAX NIAGARA REALTY LTD, BROKERAGE · displayed on Summitly per MLS® data-share rules

    232 Wallace Avenue S is a 5-bedroom, 2-bath, 1100-1500 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  15. When was 232 Wallace Avenue S built?

    The year built for 232 Wallace Avenue S isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  16. What is the property tax for 232 Wallace Avenue S?

    The 'Property tax' tab in the History section shows the most recent annual tax for 232 Wallace Avenue S plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  17. How much would the monthly mortgage be on 232 Wallace Avenue S?

    The affordability calculator on this page shows an estimated monthly mortgage for $509,999 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  18. Has 232 Wallace Avenue S been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 232 Wallace Avenue S with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  19. What neighbourhood is 232 Wallace Avenue S in?

    232 Wallace Avenue S is in Lincoln/Crowland, Welland. The 'Neighbourhood' section below links to the live Welland real estate hub with average sold price, days on market, and current inventory.

  20. Is Welland a good place to live?

    Welland is one of ON's actively-tracked Summitly markets. The full Welland real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  21. 135 Young Street
    4 / 2
    2,000
    —
    28 SILVERWOOD Avenue5 / 42,000—
    40 Kingsway5 / 3700—
    119 Willowbrook Drive4 / 53,500—