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Listed 5 months ago

54 Evan Street

768 - Welland Downtown, Welland

$425,000

Detached|2-Storey
3 | 1 | 2
About this home

Attention first-time home buyers! This charming detached home is ideally located close to the river and nearby green space, offering a great balance of convenience and outdoor living. Featuring 3 bedrooms and 1 updated bathroom with a beautifully renovated tiled tub and shower, this home is perfect for small families, couples, or first-time buyers looking to get into the market. The updated kitchen adds modern appeal, while the functional layout offers comfortable everyday living.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$2,415
Lot Size35 ft x 120 ft
mls© NumberX13149418
Listed ByeXp Realty

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%
$2,175
Property tax
$201
Heat allowance
$150
Housing costs
$2,527 / mo

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

Down payment20% · $85,000
25-yr amortization

Income needed

$78,000

gross annual household income

Payment at 4%
$1,788 / mo
Cash down
$85,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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