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769 - Prince Charles, Welland
$545,000
Welcome to 262 Drapers Street! This inviting 2-bedroom, 1-bathroom brick bungalow is located in a quiet, family-friendly Welland neighbourhood, close to parks, multiple golf courses, Welland Hospital, schools, and everyday amenities. The home features a bright open-concept layout with hardwood flooring running throughout the living room, hallway, and both bedrooms. An attached single-car garage adds convenience, while the unfinished basement offers plenty of potential for additional living space. With rough-ins already in place, it's ready to be transformed with additional bedrooms, a bathroom, rec room, or whatever best suits your needs. Step outside to a relaxing backyard complete with an included gazebo, creating the perfect spot for outdoor family dinners, entertaining friends, or simply unwinding at the end of the day. Recent updates include a new roof in 2020, garage door and furnace in 2022. Whether you're a downsizer looking for comfortable bungalow living or a young family looking to put down roots in a great neighbourhood, 262 Drapers Street is a home with plenty to offer. Don't miss your opportunity to make this beautiful property your own.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 16-30 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,697 |
| Lot Size | 41.01 ft x 114.67 ft |
| mls© Number | X13717192 |
| Listed By | RE/MAX NIAGARA REALTY LTD, BROKERAGE |
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%
- $2,790
- Property tax
- $391
- Heat allowance
- $150
- Housing costs
- $3,331 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$102,000
gross annual household income
- Payment at 4%
- $2,293 / mo
- Cash down
- $109,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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