Welcome to 490 Silverwood Ave situated in the best location of Welland where no old houses are around having 4 Bedrooms 1 office room 1 exercise room and 3.5 washrooms. 3240 Sq ft Biggest lot (50 ft) of the subdivision with double car garage and 6 parking in the driveway. Fenced backyard, Wired for electric vehicles.High-end appliances with gas stove. california shutters. 9 Ft ceiling on the main floor. Expose a concrete walkway up to the backyard. Extended driway is approved by city of Welland.
4 bedrooms, 3 bathrooms, about 3,000 sq ft, works out to roughly $333 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 490 S Silverwood Ave
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
3000-3500 sq ftas stated on the listing
Parking
8 spacesYes garage
Basement
Unfinished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
8
Interior
Basement
Unfinished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Detached
490 S Silverwood Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
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
$4,913
/mo
based on the purchase price of $999,999
$200,000 cash
$799,999 financed
$673,809 total interest
Principal54%$799,999
Interest46%$673,809
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 South Silverwood 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 490 S Silverwood 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 490 S Silverwood 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 3–4 bed homes for sale in Welland around $1000K.
Average days on market44Homes sold in about 44 days on average.
Sale-to-list ratio96.4%On average, homes sold below asking.
Active listings465Homes for sale here right now.
Median vs prior 90 days+1.1%Compared with Apr 24 – Jul 23, 2026: prices up.
Based on 265 sales from Jul 23 – Oct 21, 2026 (238 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 490 S Silverwood Ave
How much is 490 S Silverwood Ave listed for?
490 S Silverwood Ave is listed at $999,999 (MLS® X12635720). Summitly updates the price as soon as the MLS® record changes.
Is $999,999 a good price for 490 S Silverwood 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 490 S Silverwood Ave changed?
Yes — it was first listed at $879,999 and is now $999,999, an increase of $120,000 (13.6%).
How many bedrooms and bathrooms does 490 S Silverwood Ave have?
490 S Silverwood Ave has 4 bedrooms and 3 bathrooms, with about 3,000–3,500 square feet of living space. It is a detached home in Welland.
How much would the monthly mortgage be on 490 S Silverwood Ave?
About $4,913 a month — principal and interest on $999,999 with 20% down ($200,000), 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 490 S Silverwood Ave compare with other homes in Welland?
Its asking price of $999,999 is about 85% above the median sold price in Welland over the last 90 days, $539,900, across 265 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 490 S Silverwood Ave been sold before?
Summitly has no earlier MLS® sale or lease of 490 S Silverwood Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 490 S Silverwood Ave?
490 S Silverwood Ave is in Welland, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 490 S Silverwood Ave been on the market?
309 days — 490 S Silverwood Ave was listed on December 16, 2025.
What is the price per square foot of 490 S Silverwood Ave?
About $286 to $333 per square foot: the asking price of $999,999 over the 3,000–3,500 sq ft the listing gives as its size range.
Does 490 S Silverwood Ave have parking or a garage?
Yes — the listing gives 8 parking spaces. Garage: Yes.
Does 490 S Silverwood Ave have a basement, and is it finished?
The listing describes the basement as: Unfinished.
