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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.

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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 On market 190 daysPrice drop · $150,000 off (-14.0%)

    40 KINGSWAY

    Dain City·Welland, ON·L3B 3N8·Near Hwy 58A to Canal Bank Street (south). Canal Bank Street turns into Kingsway.

    Welland real estate›X9405865
    • 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

    LOCATION, LOCATION, LOCATION! Opportunity awaits you in this unique home with in-law suite situated on 1.77 acres in the quiet neighbourhood of Dain City. Nature abounds here; you have the waterway (old portion of the Welland Canal), its beautiful views and amazing sunsets out the front of the property and a treed/wooded/private area in the back. Imagine having your own camping site at the back of your property and seeing all that nature has to offer with wildlife sitings (foxes, woodpeckers, blue jays, cardinals and more). Zoning is currently RL1 and provides you with numerous ways to use the property. Zoning down the street has RL2 (medium density), and would require the buyer to speak with the City of Welland to see if rezoning is possible. The front part of the house boasts a large living room with fireplace and sliding doors leads to large deck with amazing sunset and canal views! The back portion of the house boasts 10' ceilings in the main kitchen/living/dining area with a wood-burning stove, siding glass door leading to a patio area and private back yard. This patio area will also hold a new extension to add more space to the main living area. Two bedrooms, laundry, office space, fully renovated bathroom with high quality finishes and a large walk-in shower await you on the lower level. Greenhouse and two sheds are also included. The in-law suite above the garage has a wonderful view to the canal/sunsets out front and a large private back deck out back. The Flatwater Centre is close by, Dragon Boat Festivals, regattas & rowing are regular events on the Canal, and the Trans Canada Trail is located just across the canal.

    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 5, 2026Price reducedCurrentReduced$925,000−$150,000 (14.0%)X9405865This page
    Jun 26, 2026SoldSold$642,500−$182,500 (22.1%)X12743658View
    Jan 30, 2026Previously listedSld$825,000 —X12743658View
    Jul 11, 2025Previously listedTer$724,999 —X12278755View
    Jul 29, 2024Previously listedTer$925,000 —X9408761View
    May 21, 2024ListedCurrentFor sale$1,075,000 —X9405865This 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
      Window Unit(s)
      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.

    📍 40 KINGSWAY
    What's nearby

    Points of interest classified by the MLS® feed.

    • Hospital
    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
    $4,544
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $346
    0.45% 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
      $555,721
      Last 30 days
    • Median sold price
      $542,000
      Middle of the market
    • Days on market
      41 d
      Avg from list to close
    • Closed last 30d
      226
      MLS® transactions
    Full Welland market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 40 KINGSWAY — 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 40 KINGSWAY 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 40 KINGSWAY listed for?

      40 KINGSWAY is listed at $925,000 on the MLS® (listing X9405865). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 40 KINGSWAY 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.

    • 2 beds
    • 3 baths
    • 2231 sqft
    • Detached
    • Built 51-99
    • .50-1.99 ac lot
    Asking
    $925,000
    $415 / sqft · MLS® X9405865
    Chat Zara
  1. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $405,676
    $373,222Confidence range$438,130
    Asking vs estimate
    ↑↑well-above
    +$519,324
    (+128.0%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 2 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Welland sell in about 41 days — this one has been listed 190 days.

    Avg sold price
    $555,721
    Median sold
    $542,000
    Avg days on market
    41
    Recently sold
    226
    See comparable sales
    AI highlights by Zara
    • The front part of the house boasts a large living room with fireplace and sliding doors leads to large deck with amazing sunset and canal views! .
    • The in-law suite above the garage has a wonderful view to the canal/sunsets out front and a large private back deck out back. .
    • The back portion of the house boasts 10' ceilings in the main kitchen/living/dining area with a wood-burning stove, siding glass door leading to a patio area and private back yard.
    • Two bedrooms, laundry, office space, fully renovated bathroom with high quality finishes and a large walk-in shower await you on the lower level.
    Ask Zara a follow-up
    Sewer
  2. Parking & garage

    4
    Garage
    Attached
    Garage spaces
    1
    Parking spaces
    7
    Driveway
    Private Double
  3. Interior

    4
    Basement
    Finished, Full
    Kitchens
    3
    Total rooms
    11
    Elevator
    N
  4. Exterior & construction

    4
    Exterior
    Stucco (Plaster), Vinyl Siding
    Roof
    Shingles
    Foundation
    Poured Concrete
    Pool
    None
  5. Lot & land

    3
    Year built
    51-99
    Lot dimensions
    660 x 76.03
    Zoning
    RL1
  6. Listing & possession

    3
    Occupancy
    Flexible
    Property style
    Bungalow
    Property class
    Detached
  7. Room-by-room · 3 rooms

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

    Room dimensions

    Main level

    1 room
    • Bathroom
      8.1 × 4.9 ft

    Second level

    1 room
    • Bathroom

    Basement level

    1 room
    • Bathroom
      9.5 × 6.8 ft
    Combined estimate
    $4,890
    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
    $4,544
    /mo
    based on the purchase price of $925,000
    $185,000 cash
    $740,000 financed
    $623,274 total interest
    Monthly payment$4,544/ month
    Principal54%$740,000
    Interest46%$623,274

    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.

    Create account & email meor send as guest
    Get pre-approved in minutes

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

    Get pre-approved

    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.

    • 299 First Avenue
      Sold
      Sign in for price
      299 First Avenue
      Detached
    • 108 Burgar Street
      Sold
      Sign in for price
      108 Burgar Street
      Detached
    • 86 Madison Court
      Sold
      Sign in for price
      86 Madison Court
      Detached
    • 144 Elizabeth Street
      Sold
      Sign in for price
      144 Elizabeth Street
      Detached
    • 10 Jennifer Court
      Sold
      Sign in for price
      10 Jennifer Court
      Detached
    • 8 Christina Court
      Sold
      Sign in for price
      8 Christina Court
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    40 KINGSWAYThis home2 / 32,231$925,000ask$415——
    299 First Avenue3 / 21,100—
    108 Burgar Street2 / 1700—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More detacheds in Welland

    Active listings within ±20% of this asking price.

    • 202 Wellbrook Boulevard
      $799,999
      202 Wellbrook Boulevard
      Detached 5 2
    • 207 Forks Road
      $795,000
      207 Forks Road
      Detached 2 2
    • 53 Carrick Trail
      $855,900
      53 Carrick Trail
      Detached 2 2
    • 104 Whiteoak Crescent
      $745,900
      104 Whiteoak Crescent
      Detached 3 2
    • 104 Whiteoak Crescent
      $745,900
      104 Whiteoak Crescent
      Detached 3 2
    • 74 Macoomb Drive
      $749,000
      74 Macoomb Drive
      Detached 6 3
    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.

  8. One team, no handoffs

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

  9. Showings on YOUR schedule

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

  10. Mortgage that closes

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

  11. Public listing courtesy of RORE REAL ESTATE · displayed on Summitly per MLS® data-share rules

    40 KINGSWAY is a 2-bedroom, 3-bath, 2231 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  12. When was 40 KINGSWAY built?

    40 KINGSWAY was built in 51-99. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  13. What is the property tax for 40 KINGSWAY?

    The 'Property tax' tab in the History section shows the most recent annual tax for 40 KINGSWAY plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  14. How much would the monthly mortgage be on 40 KINGSWAY?

    The affordability calculator on this page shows an estimated monthly mortgage for $925,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  15. Has 40 KINGSWAY been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 40 KINGSWAY with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  16. What neighbourhood is 40 KINGSWAY in?

    40 KINGSWAY is in Dain City, Welland. The 'Neighbourhood' section below links to the live Welland real estate hub with average sold price, days on market, and current inventory.

  17. 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.

  18. 86 Madison Court
    3 / 1
    700
    —
    144 Elizabeth Street2 / 2700—
    10 Jennifer Court3 / 21,100—
    8 Christina Court3 / 31,500—