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Listed 3 months ago

154 Roosevelt Avenue

773 - Lincoln/Crowland, Welland

$629,000

Detached|Bungalow-Raised
3 | 3 | 2
About this home

Welcome to 154 Roosevelt Avenue, a custom-built legal duplex offering exceptional versatility for multi-generational living or investment in the growing community of Welland. Thoughtfully designed with two self-contained units, each featuring a private entrance and separate laundry, this newly built home provides the perfect balance of comfort, privacy, and functionality.The upper level features a bright open-concept layout with three spacious bedrooms, two full bathrooms, a welcoming walk-in front entry closet, and large windows that flood the home with natural light. Step out onto the expansive rear deck, ideal for outdoor entertaining or quiet evenings at home.The fully finished lower level offers a beautifully appointed two-bedroom suite complete with a full kitchen, spacious living area, and oversized windows that create a bright, inviting space-ideal for extended family, guests, or rental income.Conveniently located close to schools, shopping, parks, and everyday amenities, this turnkey property is an outstanding opportunity for homeowners and investors alike.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow-Raised
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$2,643
Lot Size40 ft x 100 ft
mls© NumberX13583782
Listed ByENGEL & VOLKERS NIAGARA

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%
$3,220
Property tax
$220
Heat allowance
$150
Housing costs
$3,590 / mo

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

Down payment20% · $125,800
25-yr amortization

Income needed

$110,000

gross annual household income

Payment at 4%
$2,647 / mo
Cash down
$125,800

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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