55 Merritt St is a 2-bedroom, 1-bathroom detached home in Welland, listed for $335,000. It has < 700 sq ft of living space.
1A little bungalow with a lot to offer.
2Tucked onto a quiet street near the heart of Welland, 55 Merritt Street is a renovated 2-bedroom, 1-bathroom home with a fenced backyard backing toward the Welland River with a peaceful, tree-lined setting.
3Inside, the home has been thoughtfully updated and features forced-air heating, central air conditioning and upgraded insulation for year-round comfort.
A little bungalow with a lot to offer. Tucked onto a quiet street near the heart of Welland, 55 Merritt Street is a renovated 2-bedroom, 1-bathroom home with a fenced backyard backing toward the Welland River with a peaceful, tree-lined setting. Inside, the home has been thoughtfully updated and features forced-air heating, central air conditioning and upgraded insulation for year-round comfort. The backyard adds even more space to relax or entertain, while nearby trails, parks, shops and restaurants make it easy to enjoy the surrounding neighbourhood. With its manageable footprint, updated interior and distinctive riverside location, this home is a great option for first-time buyers, downsizers, investors or anyone looking for something a little different in Welland.
2 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $479 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 55 Merritt St
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
< 700 sq ftas stated on the listing
Parking
2 spaces
Basement
Crawl Space
Features & systems
Parking & garage
Parking spaces
2
Interior
Basement
Crawl Space
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
55 Merritt St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13783888$335,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 55 Merritt St 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
$1,646
/mo
based on the purchase price of $335,000
$67,000 cash
$268,000 financed
$225,726 total interest
Principal54%$268,000
Interest46%$225,726
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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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 2–4 bed homes for sale in Welland around $335K.
Average days on market45Homes sold in about 45 days on average.
Sale-to-list ratio96.5%On average, homes sold below asking.
Active listings431Homes for sale here right now.
Median vs prior 90 days−1.8%Compared with May 8 – Aug 6, 2026: prices down.
Based on 270 sales from Aug 6 – Nov 4, 2026 (245 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 55 Merritt St
How much is 55 Merritt St listed for?
55 Merritt St is listed at $335,000 (MLS® X13783888). Summitly updates the price as soon as the MLS® record changes.
Is $335,000 a good price for 55 Merritt St?
Summitly rates it Good Deal: the asking price is 3% to 10% 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 55 Merritt St changed?
No — 55 Merritt St is still listed at its original asking price of $335,000.
How many bedrooms and bathrooms does 55 Merritt St have?
55 Merritt St has 2 bedrooms and 1 bathroom, with about 700 square feet of living space. It is a detached home in Welland.
How much would the monthly mortgage be on 55 Merritt St?
About $1,646 a month — principal and interest on $335,000 with 20% down ($67,000), 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 55 Merritt St compare with other homes in Welland?
Its asking price of $335,000 is about 37% below the median sold price in Welland over the last 90 days, $535,000, across 270 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 55 Merritt St been sold before?
Summitly has no earlier MLS® sale or lease of 55 Merritt St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 55 Merritt St?
55 Merritt St is in Welland, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 55 Merritt St been on the market?
50 days — 55 Merritt St was listed on September 15, 2026.
What is the price per square foot of 55 Merritt St?
About $479 per square foot: the asking price of $335,000 over the 700 sq ft the listing gives.
Does 55 Merritt St have parking or a garage?
Yes — the listing gives 2 parking spaces.
Does 55 Merritt St have a basement, and is it finished?
The listing describes the basement as: Crawl Space.
