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Listed 10 days ago

5 Armour Drive

769 - Prince Charles, Welland

$549,999

Detached|Bungalow
3 | 1 | 5
About this home

Welcome to 5 Armour Drive, a beautifully maintained all-brick bungalow located in Welland's sought-after Chippawa Park neighbourhood. Situatedon a spacious corner lot, this 3-bedroom home offers a great blend of character, comfort, and tasteful updates throughout. The home features an updated kitchen with newer appliances, updated flooring, and a brand new small back deck off the home, ideal for BBQing and easy outdoor access. The attached garage adds everyday convenience, and the basement includes a cold room/fruit cellar with excellent storage.Located in one of Welland's most established and family-friendly neighbourhoods, close to parks, schools, and everyday amenities, this is a fantastic opportunity to own a solid home in a prime location.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$3,955
Lot Size60 ft x 120 ft
mls© NumberX13873320
Listed ByREVEL Realty Inc., Brokerage

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
$330
Heat allowance
$150
Housing costs
$3,295 / mo

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

Down payment20% · $110,000
25-yr amortization

Income needed

$101,000

gross annual household income

Payment at 4%
$2,314 / mo
Cash down
$110,000

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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