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Price Change$569,900

287 Santone Avenue

772 - Broadway, Welland

$549,900

Detached|Bungalow
3 | 2 | 4
About this home

Updated bungalow located on a quiet street in South Welland. The entire home has been renovated within the last ten years, offering modern updates while maintaining the comfort and appeal of a bungalow-style home.Featuring two separate living units, this property offers an excellent opportunity for homeowners looking to offset their mortgage or investors seeking additional rental income. The main level provides comfortable living space, while the basement features a separate unit that is currently rented, providing immediate supplemental income.The flexible layout makes this home an attractive option for a first-time buyer looking to reduce monthly carrying costs, a multi-generational family, or an investor seeking a property with income potential.Located in a peaceful residential neighbourhood with convenient access to local amenities, schools, shopping, parks, and transportation, this renovated South Welland bungalow offers the combination of comfortable living, flexibility, and rental income potential.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$3,233
Lot Size45 ft x 100 ft
mls© NumberX13806266
Listed ByMICHAEL ST.JEAN REALTY INC.

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%
$2,815
Property tax
$269
Heat allowance
$150
Housing costs
$3,234 / mo

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

Down payment20% · $109,980
25-yr amortization

Income needed

$100,000

gross annual household income

Payment at 4%
$2,314 / mo
Cash down
$109,980

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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