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772 - Broadway, Welland
$549,900
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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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 700-1100 sq. ft. |
| Property Tax | $3,233 |
| Lot Size | 45 ft x 100 ft |
| mls© Number | X13806266 |
| Listed By | MICHAEL ST.JEAN 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%
- $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.
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 checkInvestment Analysis
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