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Listed 2 months ago

403 Niagara Street

769 - Prince Charles, Welland

$784,000

Detached|2 1/2 Storey
4 | 3 | 5
About this home

Opportunity awaits in the heart of Welland! This spacious 4+1 bedroom, 3-bathroom home sits on a large lot and offers incredible flexibility for families, investors, or those seeking additional income potential. Ideally located just minutes from Niagara College's Welland Campus, the property is perfectly positioned for student or multi-generational living. With the possibility of rezoning to R3, there is exciting future development potential (Buyer to complete their own due-diligence). Conveniently close to schools, shopping, parks, and major amenities, this is a property you won't want to miss.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2 1/2 Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$3,700
Lot Size59 ft x 112.5 ft
mls© NumberX13663764
Listed BySUTTON GROUP - SUMMIT 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%
$4,013
Property tax
$308
Heat allowance
$150
Housing costs
$4,471 / mo

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

Down payment20% · $156,800
25-yr amortization

Income needed

$138,000

gross annual household income

Payment at 4%
$3,299 / mo
Cash down
$156,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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