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Listed 1 month ago

107 - 123 Lincoln Street

772 - Broadway, Welland

$649,000

Condo Apartment |
2 | 2 | 2 | 1
About this home

Beautiful corner condo in Welland, just steps from the Welland Canal! A Boutique building featuring a total of only 15 units! This building has been thoughtfully designed. Fantastic, open concept floorplan with 9-foot ceilings and quality finishes throughout. This unit boasts 2 bedrooms, 2 full bathrooms and is approximately 1200 square feet plus a spacious walk-out patio! Includes 2 parking spots & a locker. Stainless steel appliance, quartz counter tops and premium build quality. Conveniently close to all amenities.

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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
Style1 Storey/Apt
Approx. AgeNot available
Size1200-1399 sq. ft.
Maintenance Fees$500
LockerExclusive
BalconyOpen
ExposureSouth
Parking TypeNone
Parking Spaces2
Parking FeaturesNone
Property Tax$5,529
mls© NumberX13764930
Listed ByRE/MAX ESCARPMENT REALTY INC.
Water Included
Common Elements Included

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%
$3,322
Property tax
$461
Heat allowance
$150
Condo fees, half counted
$250
Housing costs
$4,183 / mo

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

Down payment20% · $129,800
25-yr amortization

Income needed

$129,000

gross annual household income

Payment at 4%
$2,731 / mo
Cash down
$129,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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