Welland, L3B 5N5
$779,000
Listed by KELLER WILLIAMS COMPLETE REALTY.
Unlock the potential of 150 Merritt Rd., this is a handyman's dream. This custom-built home offers over 3,000 sq. ft. of finished living space in one of Fonthill's most desirable neighborhoods. Located on a tree-lined street near the Bruce Trail and some of Pelhams most prestigious developments. It provides a country-like retreat while remaining close to all amenities. With 4 bedrooms, including a lower-level suite with a separate entrance and its own kitchen, this property is perfect for rental income or multi-generational living. Zoned for low-density residential development, it offers significant future potential. Buy now and let the property cashflow while you wait for development approvals. Ideally to be sold together with 148 Merritt (PIN 640720110), making it an exceptional investment opportunity in this growing area!
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.