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Listed 19 days ago

16 Achilles Avenue

773 - Lincoln/Crowland, Welland

$409,000

Detached|Bungalow
3 | 1 | 5
About this home

This 3-bedroom bungalow offers comfortable living in a quiet, mature neighbourhood close to schools, shopping, parks, transit, and all amenities. The spacious living room provides plenty of room to relax while the eat-in kitchen offers a practical space for everyday family meals.Numerous updates provide peace of mind, including the furnace, front door, living room window, roof, siding, and front porch (2018). Kitchen and bedroom windows were updated in 2010.Outside, enjoy a fully fenced yard offering a great space for children and pets to play or simply relax and enjoy added privacy. A deep, single-car detached garage provides excellent parking and storage, complete with hydro and gas service. A great opportunity for first-time buyers, downsizers, or investors looking for a home in a convenient, established neighbourhood

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$2,415
Lot Size40 ft x 117.5 ft
mls© NumberX13838020
Listed ByCOLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE

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%
$2,093
Property tax
$201
Heat allowance
$150
Housing costs
$2,445 / mo

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

Down payment20% · $81,800
25-yr amortization

Income needed

$75,000

gross annual household income

Payment at 4%
$1,721 / mo
Cash down
$81,800

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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