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767 - N. Welland, Welland
$699,900
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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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,122 |
| Lot Size | 70 ft x 254 ft |
| mls© Number | X13175282 |
| Listed By | RIGHT AT HOME REALTY, 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%
- $3,582
- Property tax
- $343
- Heat allowance
- $150
- Housing costs
- $4,076 / mo
Lenders cap these at 39% of gross income — that sets the number.
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 checkInvestment Analysis
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