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Listed 17 days ago

14 Sauer Avenue

773 - Lincoln/Crowland, Welland

$339,900

Detached|Bungalow
2 | 1 | 2
About this home

Located in a highly desirable area experiencing exciting growth and neighbourhood revitalization, this charming 2-bedroom home offers plenty of possibilities. Situated close to schools, shopping and everyday amenities, the property features 200-amp electrical service, natural gas radiant heating with electric baseboard backup, a heated sunroom, gas stove, laundry area and 4 appliances included. The generous property provides plenty of outdoor space with room to build your dream garage or explore the potential for a future lot severance with RL1 zoning. Whether you're looking for a comfortable home, investment opportunity or a property with future potential, this one is worth a look.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age100+
Size< 700 sq. ft.
Property Tax$2,073
Lot Size110.28 ft x 50.14 ft
mls© NumberX13850258
Listed ByROYAL LEPAGE NRC REALTY

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%
$1,740
Property tax
$173
Heat allowance
$150
Housing costs
$2,063 / mo

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

Down payment20% · $67,980
25-yr amortization

Income needed

$63,000

gross annual household income

Payment at 4%
$1,430 / mo
Cash down
$67,980

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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