16 Albert Street
768 - Welland Downtown, Welland
$250,000
Two separate dwellings. Separately metered. Main home has some renovations in 2024. Updated electrical, plumbing, boiler system and radiators. Roof is 2018. Detached garage was converted to a second dwelling in 2017. Rough in kitchen, two bedrooms and a bathroom. Separately metered with its own furnace and hot water heater.
No extras listed.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 100+ |
| Size | 2000-2500 sq. ft. |
| Property Tax | $2,396 |
| Lot Size | 29.23 ft x 132.11 ft |
| mls© Number | X13773624 |
| Listed By | RE/MAX ESCARPMENT 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%
- $1,280
- Property tax
- $200
- Heat allowance
- $150
- Housing costs
- $1,629 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$50,000
gross annual household income
- Payment at 4%
- $1,052 / mo
- Cash down
- $50,000
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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