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Listed 5 months ago

208 Hellems Avenue

768 - Welland Downtown, Welland

$288,000

Detached|2 1/2 Storey
4 | 3 | 2
About this home

CHARMING MATURE 2.5 STOREY CHARACTER HOME AWAITING FOR ITS NEXT CHAPTER OFFERING A GREAT OPPORTUNITY FOR THE FIRST TIME HOME BUYERS, INVESTORS OR RENOVATORS. UNLIMITED POTENTIAL HERE TO CUSTOMIZE TO YOUR PERSONAL TASTE. FEATURES 4 BEDROOMS, BONUS WALK UP ATTIC, 2 BATHROOMS, AN EXTRA SHOWER IN THE BASEMENT, OPEN CONCEPT LIVING & DINING ROOM, LARGE COVERED FRONT PORCH ADDING NICE CURB APPEAL, DETACHED GARAGE TUCKED IN THE REAR YARD, APPLIANCES INCLUDED. CLOSE TO SHOPPING, SCHOOLS, HOSPITAL & OTHER DESIRED AMENITIES COMBINING AFFORDABILITY, COMFORT & CONVENIENCE FOR THAT SPECIAL BUYER!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2 1/2 Storey
Approx. Age100+
Size1500-2000 sq. ft.
Property Tax$2,434
Lot Size30 ft x 85 ft
mls© NumberX13174042
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%
$1,474
Property tax
$203
Heat allowance
$150
Housing costs
$1,827 / mo

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

Down payment20% · $57,600
25-yr amortization

Income needed

$56,000

gross annual household income

Payment at 4%
$1,212 / mo
Cash down
$57,600

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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