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Price Change$615,000

152 Afton Avenue

773 - Lincoln/Crowland, Welland

$579,999

Detached|Bungalow-Raised
3 | 2 | 4
About this home

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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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow-Raised
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$3,347
Lot Size60 ft x 104 ft
mls© NumberX13640784
Listed ByRE/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.

Down payment20% · $116,000
25-yr amortization

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 check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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