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Listed 5 months ago

46 Macoomb Drive

767 - N. Welland, Welland

$650,000

Detached|Sidesplit
3 | 2 | 5
About this home

Versatile side-split located just minutes from Niagara College, Hwy 406, and a wide range of restaurants, shopping, and amenities. This property offers exceptional flexibility with 6 bedrooms and a convenient separate entry to the lower level, making it ideal as an investment property or easily adaptable for multi-generational living. Step outside and enjoy your large 55x120ft lot, covered patio, and a large, detached garage. Fantastic opportunity in a high-demand location.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleSidesplit
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,393
Lot Size55 ft x 120 ft
mls© NumberX13088292
Listed ByRE/MAX NIAGARA REALTY LTD, 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%
$3,327
Property tax
$366
Heat allowance
$150
Housing costs
$3,843 / mo

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

Down payment20% · $130,000
25-yr amortization

Income needed

$118,000

gross annual household income

Payment at 4%
$2,735 / mo
Cash down
$130,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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