Homula Realty Brokerage
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83 Commercial Street, Welland, ON L3B 5Y8

3+2 beds · 2 baths · 1 kitchen · 9 rooms · 3 parking spaces · 700-1100 sq ft · Semi-Detached
$495,000
Property tax
$3,062 / year

Welcome to this beautifully updated home offering exceptional flexibility for first-time homebuyers, families, multi-generational living, or savvy investors. Featuring two newly renovated bathrooms with quality finishes and 3+2 bedrooms, this property combines modern comfort with practical living space. The home includes a separate entrance to a fully self-contained in-law suite, providing privacy and versatility for extended family, guests, or potential rental income. With two sets of laundry, everyday living is convenient for both levels of the home. Thoughtfully maintained and move-in ready, this property offers spacious living areas, functional layouts, and valuable updates throughout. Located in a convenient Welland neighbourhood close to schools, parks, shopping, and major amenities, this is an excellent opportunity to own a home that adapts to your lifestyle needs.A perfect blend of comfort, flexibility, and value-83 Commercial Street is ready to welcome you home.

MLS number
X13669658
Type
Semi-Detached
Status
Active
Bedrooms
5
Bathrooms
2
Postal code
L3B 5Y8
Photos
45
Laundry
Not in the unit
32days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Where this address sits, matched against open government data.

Matched to a published address point for this address.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Diamond Trail Public School
DSB Niagara
Elementary502 m8.9 / 10
89% met the standard
St Mary Catholic Elementary School
Niagara CDSB
Elementary956 m6.3 / 10
63% met the standard
Bridgeview Public School
DSB Niagara
Elementary969 mNot reported
École élémentaire Franco-Niagara
CS Viamonde
Elementary975 m7.6 / 10
76% met the standard
Plymouth Public School
DSB Niagara
Elementary1.2 km9.7 / 10
97% met the standard
ÉÉC Saint-François-d'Assise
CS catholique MonAvenir
Elementary1.3 km6.2 / 10
62% met the standard · 3 of 6 measures
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 562 people.

$70,000Median household income
72.3%Own their home
57.4%Detached houses
41.6Median age
6.1%Born outside Canada
8.2%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35260189 — the few blocks around this address, home to 562 people. It describes the area, not this property.

562Population
40.7Average age
2.4Household size
$74,500Average household income
$70,000Median household income
72%Own their home
28%Rent
0%Condominiums
6%Born outside Canada
8%University degree
$400,000Average home value
14%Low income
55%Not in the labour force
28%Never married
Under $5,0002%
$10,000 to $14,9992%
$15,000 to $19,9994%
$20,000 to $24,9992%
$25,000 to $29,9994%
$30,000 to $34,9994%
$35,000 to $39,9992%
$40,000 to $44,9992%
$45,000 to $49,9995%
$50,000 to $59,9997%
$60,000 to $69,9997%
$70,000 to $79,9999%
$80,000 to $89,9997%
$90,000 to $99,9994%
$100,000 and over23%
$100,000 to $124,99911%
$125,000 to $149,9995%
$150,000 to $199,9994%

Percentages are of the 285 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$99,000 · minimum here is $24,750
$2,191.75per month
Borrowed before insurance$396,000
Total borrowed$396,000
Interest over 25 years at 4.5%$261,526

If you rented it out

-$2,446.92per month out of pocket
Rent$0.00
Everything it costs to hold$2,446.92
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by Real Broker Ontario Ltd.. Listing data provided by the Toronto Regional Real Estate Board.