The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Location, location, location! Welcome to this large, versatile, brick bungalow in a desirable Welland community, offering the ideal blend of comfortable living and income potential. This well-laid-out 3 bedroom home with approximately 1,350 sq ft in the main living area and a bright 200 sq ft fully encased sunroom, provides more usable space than most in its class plus the full partially finished basement with separate entrance, second kitchen, bathroom and extra-large living area makes it ideal for an in-law suite or potential rental opportunity. Whether you're looking to offset your mortgage or accommodate extended family, this setup delivers flexibility and value. There is also a spacious 1 car attached garage with ample room for storage, a double concrete driveway for 2 vehicles, plus there is potential for easily adding a 4th parking spot to accommodate multiple occupants. Value, value, value! Extra income, extra parking, extra space with the sun filled room! Plus, its large, fully fenced, private backyard with a shed allows for relaxing, gardening or entertaining in the quietness of no rear neighbours. Perfectly located only a few minutes to HWY 406, shopping stores and Brock University. Walking distance to both English and French schools. Perks: Furnace/Hot Water owned. Gas hook-up for fireplace. Upgrades: 200 AMP electrical system, newer fence on two sides, updated bathroom on the main floor, newer window treatments and dryer. Roof shingles replaced in 2021. This is a great opportunity to own a premium corner property in a mature Welland neighbourhood.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$2,343/mo
Mortgage (principal + interest)$2,020
Property taxFrom listing: $3,879/yr$323
Minimum $28,990 down for this price; the slider moves in whole percent, starting at 6%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$107,980
Ontario land transfer taxProvincial brackets, no first-time refund$7,273
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$118,053
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Welland has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
