28 Richmond Street, Welland, ON
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Property Highlights
Welcome to this remarkable Sidesplit 3 detached located in the coveted neighborhood of 774 - Dain City. Expertly crafted featuring premium board & batten and brick construction, this residence presents an exceptional opportunity offered at $589,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 3 Bedrooms and 2 Bathrooms
- Premium 70 x 38.52 ft lot size
- Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 28 Richmond in peaceful Dain City (Welland). for the FIRST TIME on the market, this spacious side-split sits on a quarter acre lot, in a quiet community with NO REAR NEIGHBOURS. This 3-bedroom home boasts newly refinished hardwood floors, fresh paint throughout, and loads of shared living space for families both big and small. Loads of room for storage with the unfinished lower level, single car garage, and large shed in the private rear yard. ROOF approx. 6 years old, FURNACE 2016, UPDATED Panel and wiring, with room to spare to build sweat equity while living comfortably. A terrific opportunity for a FIRST-TIME BUYER, MOVE-UP BUYER, or LONG-TERM INVESTOR. Dain City is Welland's best kept secret, so jump on this one before the word gets out!
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 28 Richmond Street, Welland, ON L3B 5L6
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Welland, ON
For a property listed at $589,000 in Welland, the legal minimum down payment is $33,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $8,255 for this transaction. As this listing is in Welland (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $8,255.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
