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Price Change$575,000

94 Wellington Street

773 - Lincoln/Crowland, Welland

$539,900

Detached|Bungalow
3 | 2 | 3
About this home

Location, location, location! Welcome to this large, versatile, brick bungalow in a desirable Welland community, offering the ideal blend of comfortable living and income potential. This well-laid-out 3 bedroom home with approximately 1,350 sq ft in the main living area and a bright 200 sq ft fully encased sunroom, provides more usable space than most in its class plus the full partially finished basement with separate entrance, second kitchen, bathroom and extra-large living area makes it ideal for an in-law suite or potential rental opportunity. Whether you're looking to offset your mortgage or accommodate extended family, this setup delivers flexibility and value. There is also a spacious 1 car attached garage with ample room for storage, a double concrete driveway for 2 vehicles, plus there is potential for easily adding a 4th parking spot to accommodate multiple occupants. Value, value, value! Extra income, extra parking, extra space with the sun filled room! Plus, its large, fully fenced, private backyard with a shed allows for relaxing, gardening or entertaining in the quietness of no rear neighbours. Perfectly located only a few minutes to HWY 406, shopping stores and Brock University. Walking distance to both English and French schools. Perks: Furnace/Hot Water owned. Gas hook-up for fireplace. Upgrades: 200 AMP electrical system, newer fence on two sides, updated bathroom on the main floor, newer window treatments and dryer. Roof shingles replaced in 2021. This is a great opportunity to own a premium corner property in a mature Welland neighbourhood.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$3,879
Lot Size67.77 ft x 98 ft
mls© NumberX13535360
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%
$2,763
Property tax
$323
Heat allowance
$150
Housing costs
$3,237 / mo

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

Down payment20% · $107,980
25-yr amortization

Income needed

$100,000

gross annual household income

Payment at 4%
$2,272 / mo
Cash down
$107,980

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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