




245 First Avenue, Welland, ON
L3C 1Y7
Listed October 19, 2026
About this property
Welcome to this beautiful, spacious custom built bungalow sitting on a desirable 60 by 204 lot. Open concept layout and a carpet free home provides ample space for a growing family. Separate living room at foyer entrance can be converted to a bedroom as per builder floor plans. The huge family room with vaulted ceiling and skylights for extra sunlight is combined with a good size dining room that is great for entertaining. The updated kitchen has cambria countertops, S/S appliances, a centre island and a breakfast area with extended floor to ceiling cabinetry. This home has it all with some extra highlights such as in ground sprinkler system in front and backyard, a powered shed with open door to the back, a 2 car garage with a drive through/lift door accessible to backyard, a small pond with a waterfall in backyard, a separate entrance leading to the basement, a pergola in the backyard, a 3 season solarium and a cold cellar in the basement. This home offers the potential to create a second dwelling unit with a separate entrance to the basement as well as a 3pc washroom in the basement, a huge rec room with a gas fireplace, 2 bedrooms and an opportunity to create a kitchen and second laundry unit in the basement. The basement also has additional rooms for an office and exercise room. One of the show stoppers of this home is the 3 season solarium that overlooks a huge private backyard surrounded by mature trees. Great for entertaining and gardening. Your oasis awaits! Shingles (2015).
Features
Property Details
Listing
Property
Location
Taxes & Financials
Cost of Ownership Calculator
What it could cost each month to own 245 First Avenue — mortgage, property taxes, fees, insurance, utilities and upkeep. Change any number to match your situation.
Your mortgage
$140,000 · Minimum $45,000
Use the rate your lender or broker quotes you.
Monthly costs
From the listing (2026 tax bill).
Leave at $0 if there isn't one.
Typical for this kind of home.
Hydro, heating, water and sewer.
About 1% of the price a year, set aside.
One-time costs
A typical estimate — your lawyer will confirm.
Estimated monthly cost of ownership
$4,730/mo
About $56,760 a year
- $3,096
- $596
- Home insurance$125
- Utilities$330
- Maintenance & repairs$583
Cash needed to close
- Down payment (20%)
- $140,000
- Ontario land transfer tax
- $10,475
- Legal fees, title insurance & inspectionEstimate
- $2,500
- Total
- $152,975
Estimates only — not a mortgage approval, quote or tax advice. Payments assume a fixed rate compounded semi-annually; minimum down payments, mortgage insurance and land transfer tax follow current CMHC and Ontario rules. Insurance, utilities and upkeep are typical figures for the area. Your lender, lawyer and insurer will confirm your exact costs.
Location & Walkability
245 First Avenue, Welland, ON
Map data © GoogleOpen in Google Maps ↗
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Last Updated: October 19, 2026
Listing Office: EXIT REALTY HARE (PEEL)
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