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133 Quaker Road

767 - N. Welland, Welland

$699,900

Detached|Bungalow
3 | 2 | 12
About this home

This Welland bungalow offers great flexibility for multi-generational families, investors, hobbiest or car enthusiasts . Here is a breakdown of how to maximize its unique features. MULTIGENERATIONAL LIVING: Main Floor: Bright Living Room, Dining Room, Three large bedrooms, four-piece bathroom, and functional kitchen with built-in appliances. Lower Level: Lower level has potential In-law suite featuring a kitchen, family room, bedroom, and separate office. Separation: Distinct upper and lower living zones provide independent spaces under one roof. INVESTMENT POTENTAIL STUDENT RENTAL: Highly viable due to proximity to Niagara College's Welland Campus. Income Stream: The office easily converts into an extra bedroom to maximize rental yield. TWO UNITS: Lower suite layout simplifies conversion into a legal duplex, currently non conforming, as well as the possibility of adding an Accessory Dwelling Unit, subject to building code regulations and city zoning. MASSIVE 6 CAR GARAGE: Size: Huge 68-foot by 25-foot footprint. Layout: Pre-divided with separation walls into three distinct units. Utility: Perfect for a dedicated workshop, secure car storage, or renting out extra bays for passive income. Lot and Location Lot Size: Generous 70-foot by 254-foot deep lot offering space for outdoor living or future expansion. Location: Situated in a highly desirable North End Welland neighborhood. Buyer to do their due diligence with regards to future use and building codes. Home has some updates including newer Furnace A/C, Vinyl Siding and windows, Aluminum Soffit Facia Eaves and a Permanent Lifetime Roof.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,122
Lot Size70 ft x 254 ft
mls© NumberX13175282
Listed ByRIGHT AT HOME REALTY, BROKERAGE

Listing History

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  • 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%
$3,582
Property tax
$343
Heat allowance
$150
Housing costs
$4,076 / mo

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

Down payment20% · $139,980
25-yr amortization

Income needed

$125,000

gross annual household income

Payment at 4%
$2,945 / mo
Cash down
$139,980

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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