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773 - Lincoln/Crowland, Welland
$579,999
Invest in a well maintained income-producing home on a lovely quiet street. Over 100K in renovations include new appliances, updated kitchen, paint, windows throughout, central vaccum, updated electrical through out the entire house and parging on entire outside foundation. Main floor has 3 bedrooms kitchen and washroom. Basement has a separate side entrance, 2 bedrooms, kitchen and washroom. Outside is a large detached garage with electricity (perfect place to park and have a workshop), nice sized fenced in yard with a covered patio. Do not miss your opportunity to purchase this home with so many possibilities in one of Welland's most desired East end neighborhoods. Property is tenanted.
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| Type | Detached |
| Style | Bungalow-Raised |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $3,347 |
| Lot Size | 60 ft x 104 ft |
| mls© Number | X13640784 |
| Listed By | RE/MAX REAL ESTATE CENTRE INC. |
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%
- $2,969
- Property tax
- $279
- Heat allowance
- $150
- Housing costs
- $3,398 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$105,000
gross annual household income
- Payment at 4%
- $2,441 / mo
- Cash down
- $116,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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