490 S Silverwood Avenue
771 - Coyle Creek, Welland
$999,999
Welcome to 490 Silverwood Ave situated in the best location of Welland where no old houses are around having 4 Bedrooms 1 office room 1 exercise room and 3.5 washrooms. 3240 Sq ft Biggest lot (50 ft) of the subdivision with double car garage and 6 parking in the driveway. Fenced backyard, Wired for electric vehicles.High-end appliances with gas stove. california shutters. 9 Ft ceiling on the main floor. Expose a concrete walkway up to the backyard. Extended driway is approved by city of Welland.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 3000-3500 sq. ft. |
| Property Tax | $8,533 |
| Lot Size | 49.54 ft x 111.78 ft |
| mls© Number | X12635720 |
| Listed By | BAY STREET GROUP INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,118
- Property tax
- $711
- Heat allowance
- $150
- Housing costs
- $5,980 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$184,000
gross annual household income
- Payment at 4%
- $4,208 / mo
- Cash down
- $200,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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