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Listed 1 month ago

487 SCHOLFIELD Avenue N

768 - Welland Downtown, Welland

$449,900

Detached|Bungalow
2 | 1 | 4
About this home

This wonderful, exceptionally well-maintained bungalow is an ideal opportunity for a retiree, first-time buyer, or anyone looking for a comfortable, move-in-ready home.Perfectly located close to bus routes, shopping, and Highway 406, this home offers both convenience and functionality. The partially finished basement features new carpeting, a bedroom, living area, and convenient rear entrance, providing additional flexible living space. Numerous updates have been completed, including new flooring on the main floor, an updated electrical breaker panel serving both the home and garage, hot water tank, gas furnace, heat pump, bathroom and kitchen taps, rear-yard shed and fencing. The main floor has also been freshly repainted, and the kitchen features a new range hood and dishwasher.With thoughtful updates throughout and an inviting layout, this home is ready for you to move in and enjoy. Easy to show and ready for your viewing!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$2,893
Lot Size45 ft x 120.9 ft
mls© NumberX13771080
Listed ByKELLER WILLIAMS COMPLETE REALTY

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%
$2,303
Property tax
$241
Heat allowance
$150
Housing costs
$2,694 / mo

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

Down payment20% · $89,980
25-yr amortization

Income needed

$83,000

gross annual household income

Payment at 4%
$1,893 / mo
Cash down
$89,980

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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