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Price Change$399,999

394 Simpson Avenue

773 - Lincoln/Crowland, Welland

$349,500

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

QUICK POSSESSION!!!Move-in ready! Welcome to 394 Simpson Ave. This home has been freshly renovated and ready for you to move in and enjoy. Perfect for first time homeowners or people looking to downsize and enjoy a simpler lifestyle. Renovations include: New shingles on rear portion of roof, floors relevelled in kitchen and upstairs 2 bedrooms, fully renovated main floor bathroom with all new fixtures, new floors throughout the house, on both levels, new kitchen countertops, new drywall throughout upper level, new drywall with pot lights in living room, fresh paint throughout, new doors to bedroom and bathroom, new ceiling light fixtures, new front porch Previously the front face of the home had new brick and windows installed (within 5 years). Fridge and Stove are included. This property has a fully fenced yard with single car garage. Walk to local schools, grocery stores and all amenities. Steps away from city transit. Come and enjoy this affordable living!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$2,263
Lot Size40 ft x 100 ft
mls© NumberX13638414
Listed ByRE/MAX NIAGARA REALTY LTD, 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%
$1,789
Property tax
$189
Heat allowance
$150
Housing costs
$2,127 / mo

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

Down payment20% · $69,900
25-yr amortization

Income needed

$65,000

gross annual household income

Payment at 4%
$1,471 / mo
Cash down
$69,900

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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