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Listed 2 months ago

239 Midland Place

766 - Hwy 406/Welland, Welland

$1,210,000

Detached|2-Storey
4 | 5 | 4
About this home

This custom built beauty offers 2,746 sq. ft. of beautifully designed living space + an additional 1,647 sq. ft. finished lower level with a walk-out to the backyard and its own separate exterior entrance. Hello incredible rec room, guest space, home gym, or office! And the details? Think dramatic oversized windows, a welcoming front porch, modern iron railings, wide-plank oak floors, a waterfall island, marble-inspired backsplash, linear fireplace, full oak staircase, and a dreamy primary ensuite with an oversized glass shower + freestanding tub. Upstairs, the oversized bedrooms each enjoy a full ensuite or shared ensuite and no bedrooms over the garage. Laundry room is bright and airy with a beautiful oversized window. Set in Waterview Estates community next to Hunters Pointes, nearby parks, trails, shopping and easy access to the 406 Hwy including a lookout where you can watch the ships sail by. Sod + asphalt driveway completed by builder along with full 7-year Tarion Warranty.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNew
Size2500-3000 sq. ft.
Property Tax$8,491
Lot Size51.42 ft x 75.99 ft
mls© NumberX13715038
Listed BySTONEMILL 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%
$6,193
Property tax
$708
Heat allowance
$150
Housing costs
$7,051 / mo

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

Down payment20% · $242,000
25-yr amortization

Income needed

$217,000

gross annual household income

Payment at 4%
$5,092 / mo
Cash down
$242,000

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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