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.
Excellent Duplex Investment Opportunity in Welland!Welcome to 97 Deere Street, a fantastic opportunity for investors, extended families, or buyers looking to live in one unit while generating rental income from the other. This well-maintained duplex features two completely separate apartments, each offering 2 bedrooms and 1 full bathroom with comfortable and functional living space.Both apartments have their own convenient ground-level entrance, providing excellent privacy and independence for each occupant. Each unit also has its own private washer and dryer, eliminating the need to share laundry facilities. With 4 dedicated parking spaces, parking is convenient for both units and their guests.The property is located in an established Welland neighbourhood, close to a wide variety of everyday amenities including schools, grocery stores, pharmacies, restaurants, parks and public transportation. Welland Hospital, Niagara College's Welland Campus, Seaway Mall and the Welland Recreational Canal are all just a short drive away.Enjoy convenient access to Highway 406 and major Niagara routes, making commuting to St. Catharines, Niagara Falls and surrounding communities easy.Whether you're an investor looking to add a solid duplex to your portfolio, an owner-occupant wanting rental income, or a family looking for separate living accommodations, 97 Deere Street offers an excellent combination of flexibility, privacy, parking and convenience.
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What’s NearbyDistances approximate
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Always confirm school catchments with the local school board.
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$2,347/mo
Mortgage (principal + interest)$2,129
Property taxFrom listing: $2,615/yr$218
Minimum $31,900 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$113,800
Ontario land transfer taxProvincial brackets, no first-time refund$7,855
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$124,455
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.
