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767 - N. Welland, Welland
$525,000
**Unique residential opportunity in a prime Welland location, offering approximately 1,300 sq. ft. of living space, ample parking, an approximately 1,100 sq. ft. detached garage, 125-amp hydro, natural gas, and a separate upper-level entrance with potential to restore the upper level to residential living space, subject to municipal approvals, making this an excellent opportunity for a homeowner, hobbyist, entrepreneur or investor.**
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,957 |
| Lot Size | 47 ft x 149.92 ft |
| mls© Number | X13877648 |
| Listed By | COLLIERS INTERNATIONAL NIAGARA LTD. |
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%
- $2,687
- Property tax
- $413
- Heat allowance
- $150
- Housing costs
- $3,250 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$100,000
gross annual household income
- Payment at 4%
- $2,209 / mo
- Cash down
- $105,000
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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