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86 GRIFFITH Street

768 - Welland Downtown, Welland

$499,900

Detached|2-Storey
5 | 1 | 8
About this home

Exceptional opportunity awaits near downtown Welland! Whether buying for your family, a multigenerational family, or investment, this property is a perfect choice for all those needs! RL2 zoning can potentially allow this 3 level, 3 bedroom plus full attic, enough space to become a potential 5 bedroom home, or become a multi unit home. Walking through the front door you are welcomed into the home by it's grand foyer. Off the foyer, the main floor, boasts a large dining/living room area that seamlessly flows into a cozy galley kitchen and back door mudroom. The original hardwood floors add a touch of timeless charm to the space. Off the kitchen, the back of the property offers a spacious new backyard deck, great for entertaining, and detached double car garage provides convenient storage. The multi car driveway gives you great parking options. Updates include roof, most windows, furnace, A/C and electrical panel. Located in downtown Welland, this property is in proximity to a variety of amenities, including shops, restaurants, entertainment, schools, churches, not to mention being steps away from recreational Welland Canal. Perfect for all your outdoor activities such as walking trails, kayaking, paddle boarding, swimming & fishing. Take advantage of the growth and revitalization happening in this great area. Seize this excellent opportunity and unlock the potential of this property.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age100+
Size1100-1500 sq. ft.
Property Tax$2,852
Lot Size43.44 ft x 132.85 ft
mls© NumberX13005410
Listed ByRE/MAX GARDEN CITY REALTY INC, BROKERAGE

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%
$2,559
Property tax
$238
Heat allowance
$150
Housing costs
$2,946 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $99,980
25-yr amortization

Income needed

$91,000

gross annual household income

Payment at 4%
$2,104 / mo
Cash down
$99,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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