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Listed 1 month ago

229 Dain Avenue

773 - Lincoln/Crowland, Welland

$375,000

Detached|Bungalow
2 | 1 | 3
About this home

Welcome to this charming 2-bedroom, 1-bath home offering the ease and convenience of all one-level living. The functional layout provides comfortable living spaces and two bedrooms, making this home an excellent choice for first-time buyers, downsizers, or anyone looking for easy, low-maintenance living.The backyard offers additional space to enjoy outdoors, along with a bonus bunkie that adds even more versatility to the property. Use it as a home office, hobby room, creative space, or simply a quiet retreat.With its practical one-level layout, inviting living space, and useful backyard bonus, this home offers comfort, flexibility, and plenty of potential.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$2,168
Lot Size40 ft x 118.7 ft
mls© NumberX13778494
Listed ByCOLDWELL BANKER ADVANTAGE REAL ESTATE INC, 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%
$1,919
Property tax
$181
Heat allowance
$150
Housing costs
$2,250 / mo

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

Down payment20% · $75,000
25-yr amortization

Income needed

$69,000

gross annual household income

Payment at 4%
$1,578 / mo
Cash down
$75,000

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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