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Listed 2 months ago

147 Midland Place

766 - Hwy 406/Welland, Welland

$929,900

Detached|2-Storey
4 | 4 | 4
About this home

Welcome to this exceptional newly built detached home in Welland's highly sought after communities, where modern luxury meets an unbeatable setting. Perfectly positioned on a premium lot backing onto green space, this home offers unobstructed views of the Welland Canal with no rear neighbours, creating a peaceful backdrop you'll enjoy every day.Designed with both everyday living and entertaining in mind, the bright, open-concept main floor is flooded with natural light from an abundance of windows. The spacious great room flows seamlessly into the stunning kitchen, complete with a centre island with breakfast bar seating, a generous walk-in pantry, and plenty of workspace for the home chef. A dedicated main floor office provides the ideal work-from-home space, while convenient garage access and beautiful hardwood flooring throughout the main level and staircase add both style and functionality.Upstairs, you'll find four generously sized bedrooms, thoughtfully designed for growing families. The impressive primary suite features a walk-in closet and a private ensuite, while a second bedroom also enjoys its own walk-in closet and is connected by a convenient 5 piece Jack and Jill bathroom to the 3rd bedroom. 4th bedroom conveniently has a 4 piece ensuite bathroom. An upper level laundry room adds everyday convenience.The unfinished walk-out basement presents incredible future potential with high ceilings, oversized windows, a bathroom rough-in, and direct access to the backyard, perfect for creating an in-law suite, recreation room, or additional living space tailored to your needs.Located in the family friendly neighbourhood, you're just minutes from parks, schools, shopping, restaurants, walking trails, and Highway 406, offering convenient access throughout the Niagara Region. This is a rare opportunity to own a premium home in one of Welland's fastest growing and most desirable communities.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age0-5
Size2000-2500 sq. ft.
Property Tax$10,611
Lot Size42.55 ft x 115.78 ft
mls© NumberX13648366
Listed ByRE/MAX ESCARPMENT REALTY 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%
$4,760
Property tax
$884
Heat allowance
$150
Housing costs
$5,794 / mo

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

Down payment20% · $185,980
25-yr amortization

Income needed

$178,000

gross annual household income

Payment at 4%
$3,913 / mo
Cash down
$185,980

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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