Quick possession!Move-in ready! Welcome to 394 Simpson Ave. This home has been freshly renovated and ready for you to move in and enjoy. Perfect for first time homeowners or people looking to downsize and enjoy a simpler lifestyle. Renovations include: New shingles on rear portion of roof, floors relevelled in kitchen and upstairs 2 bedrooms, fully renovated main floor bathroom with all new fixtures, new floors throughout the house, on both levels, new kitchen countertops, new drywall throughout upper level, new drywall with pot lights on living room ceiling, fresh paint throughout, new doors to bedroom and bathroom, new ceiling light fixtures, new front porch. Previously the front face of the home had new brick and windows installed (within 5 years). Fridge and Stove are included. This property has a fully fenced yard with single car garage. Walk to local schools, grocery stores and all amenities. Steps away from city transit. Come and enjoy this affordable living!
1 bedroom, 1 bathroom, about 1,100 sq ft, works out to roughly $318 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 394 Simpson Ave
Every detail from the listing, in one place.
Type
Detached
Style
1 1/2 Storey
Living space
1100-1500 sq ftas stated on the listing
Parking
3 spacesYes garage
Basement
Crawl Space
Features & systems
Parking & garage
Garage
Yes
Parking spaces
3
Interior
Basement
Crawl Space
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
1 1/2 Storey
Property class
Detached
394 Simpson Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14118178$349,500
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 394 Simpson Ave Compares to the Welland Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
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
$1,717
/mo
based on the purchase price of $349,500
$69,900 cash
$279,600 financed
$235,497 total interest
Principal54%$279,600
Interest46%$235,497
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
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.
For homeowners nearby
Own a home on Simpson Avenue? See what yours is worth
Get an instant estimate for your own home, based on recent sales around you. A free account shows the number and emails you the full report.
Free · No obligation · Backed by Coldwell Banker
Book a tour of 394 Simpson Ave with a licensed buyer's agent
Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.
Zara, any time
Zara · AI virtual agent
Ask about 394 Simpson Ave day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
A licensed local agent
Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. 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.
Similar homes for sale nearby in Welland
Other 1–5 bed homes for sale in Welland around $350K.
Average days on market43Homes sold in about 43 days on average.
Sale-to-list ratio96.5%On average, homes sold below asking.
Active listings453Homes for sale here right now.
Median vs prior 90 days+1.6%Compared with Apr 29 – Jul 28, 2026: prices up.
Based on 283 sales from Jul 28 – Oct 26, 2026 (236 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 394 Simpson Ave
How much is 394 Simpson Ave listed for?
394 Simpson Ave is listed at $349,500 (MLS® X14118178). Summitly updates the price as soon as the MLS® record changes.
Is $349,500 a good price for 394 Simpson Ave?
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 394 Simpson Ave changed?
No — 394 Simpson Ave is still listed at its original asking price of $349,500.
How many bedrooms and bathrooms does 394 Simpson Ave have?
394 Simpson Ave has 1 bedroom and 1 bathroom, with about 1,100–1,500 square feet of living space. It is a detached home in Welland.
How much would the monthly mortgage be on 394 Simpson Ave?
About $1,717 a month — principal and interest on $349,500 with 20% down ($69,900), 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 394 Simpson Ave compare with other homes in Welland?
Its asking price of $349,500 is about 35% below the median sold price in Welland over the last 90 days, $540,000, across 283 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 394 Simpson Ave been sold before?
Summitly has no earlier MLS® sale or lease of 394 Simpson Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 394 Simpson Ave?
394 Simpson Ave is in Welland, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 394 Simpson Ave been on the market?
394 Simpson Ave was listed today (October 26, 2026).
What is the price per square foot of 394 Simpson Ave?
About $233 to $318 per square foot: the asking price of $349,500 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 394 Simpson Ave have parking or a garage?
Yes — the listing gives 3 parking spaces. Garage: Yes.
Does 394 Simpson Ave have a basement, and is it finished?
The listing describes the basement as: Crawl Space.
