




42 Terrace Avenue, Welland, ON
L3C 2C4
Listed September 23, 2026
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About this property
Imagine finally having the space you've been searching for. A backyard where the kids can play. Room for family gatherings. Space for a home office, hobby room, or visiting relatives. A place that can grow and change with your family's needs over the years. Welcome to 42 Terrace Avenue. Situated on a 30 x 110 ft lot with no rear neighbours, this 4-level semi-detached backsplit offers the flexibility that many buyers are searching for but rarely find at this price point. With 3+1 bedrooms, 2 kitchens, a separate entrance to the lower level, and multiple living areas spread across four levels, there's room here for everyone. Recent updates help make the transition even easier, including new laminate flooring throughout the main and upper levels, a freshly painted interior, and an updated main bathroom completed in 2026. The carpet-free design offers a clean, modern feel that's both stylish and easy to maintain. Whether you're a first-time buyer looking to put down roots, a growing family needing more space, or someone exploring multi-generational living, this home offers endless possibilities to make it your own. Step outside and discover why so many people love calling Welland home. Spend weekends exploring nearby parks and trails, enjoying the Welland Recreational Waterway, cycling, kayaking, fishing, or taking advantage of the many community amenities just minutes away. Schools, parks, recreation facilities, shopping, transit, and everyday conveniences are all close by, making life a little easier and a lot more enjoyable. This isn't just a home. It's an opportunity to create your next chapter in a community that offers space, convenience, and a lifestyle you'll enjoy for years to come. Some photographs have been virtually staged to illustrate the property's potential and are for illustrative purposes only.
Features
Property Details
Listing
Property
Location
Taxes & Financials
Cost of Ownership Calculator
What it could cost each month to own 42 Terrace Avenue — mortgage, property taxes, fees, insurance, utilities and upkeep. Change any number to match your situation.
Your mortgage
$89,000 · Minimum $22,250
Use the rate your lender or broker quotes you.
Monthly costs
From the listing (2025 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
$3,048/mo
About $36,576 a year
- $1,968
- $254
- Home insurance$125
- Utilities$330
- Maintenance & repairs$371
Cash needed to close
- Down payment (20%)
- $89,000
- Ontario land transfer tax
- $5,375
- Legal fees, title insurance & inspectionEstimate
- $2,500
- Total
- $96,875
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
42 Terrace Avenue, Welland, ON
Map data © GoogleOpen in Google Maps ↗
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Last Updated: September 23, 2026
Listing Office: REAL BROKER ONTARIO LTD.
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