54 Riverside Drive W
772 - Broadway, Welland
$575,000
Waterfront bungalow located minutes from Downtown Welland and nearby amenities. This updated 2-bedroom, 2-bathroom home offers comfortable living with waterfront views and access to a variety of outdoor activities. The property features a finished basement that may provide additional living or rental potential, subject to buyer verification and applicable requirements. Enjoy fishing, boating, kayaking and the waterfront setting from your own property. Buyers and their agents to conduct their own due diligence regarding permitted uses, rental potential, measurements and applicable municipal requirements.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | < 700 sq. ft. |
| Property Tax | $3,632 |
| Lot Size | 40.7 ft x 94.08 ft |
| mls© Number | X13825936 |
| Listed By | HOMELIFE G1 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%
- $2,943
- Property tax
- $303
- Heat allowance
- $150
- Housing costs
- $3,396 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$104,000
gross annual household income
- Payment at 4%
- $2,420 / mo
- Cash down
- $115,000
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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