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Listed 2 months ago

229 Midland Place

766 - Hwy 406/Welland, Welland

$1,100,000

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

This spacious 2,750 sq. ft. custom home in WaterView Estate is located right beside Hunters Point, with parks, trails, shopping and easy 406 access nearby. Featuring over $200,000 in premium finishes, this home blends modern design with thoughtful family living. The striking exterior features oversized windows, stone details and a welcoming stone portico, while the bright open-concept interior showcases a stunning gourmet kitchen with waterfall island, quartz countertops and crown moulding. The spacious primary suite offers his & hers closets and a spa-inspired ensuite with full-glass shower, soaker tub, quartz double vanity and LED mirrors. Each bedroom has access to its own or shared ensuite, with walk-in closets in Bedrooms 2 & 3 and convenient bedroom-level laundry. The walk-out basement offers incredible flexibility for multi-generational living, a home theatre, gym or additional living space, with a 3-piece bath rough-in.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNew
Size2500-3000 sq. ft.
Property Tax$3,100
Lot Size45.42 ft x 89.14 ft
mls© NumberX13715090
Listed BySTONEMILL REALTY INC.

Listing History

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  • 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%
$5,630
Property tax
$258
Heat allowance
$150
Housing costs
$6,039 / mo

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

Down payment20% · $220,000
25-yr amortization

Income needed

$186,000

gross annual household income

Payment at 4%
$4,629 / mo
Cash down
$220,000

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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