Fantastic investment opportunity to own this spacious detached with 8 bedrooms! Turn-key income property in a prime location beside Niagara College. Oversized corner lot 55 x 126 ft with no rear neighbours. Bright and freshly painted throughout. Functional layout for multi-generational families, and renting out to students. There's separate units with total of approx 2900 sqft finished area. Fully tenanted with 4 bedrooms on the main floor, and additional 4 rooms in the lower unit with separate entrance. Both units have their own kitchen, full bath, and ensuite laundry. Double car garage and driveway. Huge backyard with large deck and shed. Central vac on the main floor. Located in high demand Welland neighbourhood close to all amenities, public transportation, shopping mall, groceries, restaurants, and more. Recent upgrades include lower unit kitchen 2024 and wide plank vinyl floors 2025. Furnace 2022 and A/C 2021. Roof 35yr shingles 2020 for the house and shed. Legal basement retrofit with city permit. Property is fire code compliant. Main panel 100 amp with additional 65 amp panel. Great tenants. Reasonably priced property management is available if needed. Please provide advance notice for viewings.
4 bedrooms, 2 bathrooms, about 1,500 sq ft, works out to roughly $445 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 3 College Park Dr
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
1500-2000 sq ftas stated on the listing
Parking
4 spacesYes garage
Basement
Apartment, Separate Entrance
Features & systems
Parking & garage
Garage
Yes
Parking spaces
4
Interior
Basement
Apartment · Separate Entrance
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
3 College Park Dr Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13794178$668,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 3 College Park Dr Compares to the Welland Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$3,282
/mo
based on the purchase price of $668,000
$133,600 cash
$534,400 financed
$450,105 total interest
Principal54%$534,400
Interest46%$450,105
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Similar homes for sale nearby in Welland
Other 3–5 bed homes for sale in Welland around $668K.
Average days on market45Homes sold in about 45 days on average.
Sale-to-list ratio96.5%On average, homes sold below asking.
Active listings434Homes for sale here right now.
Median vs prior 90 days−1.9%Compared with May 11 – Aug 9, 2026: prices down.
Based on 272 sales from Aug 9 – Nov 7, 2026 (247 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 3 College Park Dr
How much is 3 College Park Dr listed for?
3 College Park Dr is listed at $668,000 (MLS® X13794178). Summitly updates the price as soon as the MLS® record changes.
Is $668,000 a good price for 3 College Park Dr?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Welland. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 3 College Park Dr changed?
No — 3 College Park Dr is still listed at its original asking price of $668,000.
How many bedrooms and bathrooms does 3 College Park Dr have?
3 College Park Dr has 4 bedrooms and 2 bathrooms, with about 1,500–2,000 square feet of living space. It is a detached home in Welland.
How much would the monthly mortgage be on 3 College Park Dr?
About $3,282 a month — principal and interest on $668,000 with 20% down ($133,600), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 3 College Park Dr compare with other homes in Welland?
Its asking price of $668,000 is about 25% above the median sold price in Welland over the last 90 days, $533,750, across 272 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 3 College Park Dr been sold before?
Summitly has no earlier MLS® sale or lease of 3 College Park Dr on record from the last two years. Older records aren't shown under TRREB rules.
Where is 3 College Park Dr?
3 College Park Dr is in Welland, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 3 College Park Dr been on the market?
52 days — 3 College Park Dr was listed on September 16, 2026.
What is the price per square foot of 3 College Park Dr?
About $334 to $445 per square foot: the asking price of $668,000 over the 1,500–2,000 sq ft the listing gives as its size range.
Does 3 College Park Dr have parking or a garage?
Yes — the listing gives 4 parking spaces. Garage: Yes.
Does 3 College Park Dr have a basement, and is it finished?
The listing describes the basement as: Apartment, Separate Entrance.
