30 Shotwell Street, Welland (Prince Charles), Ontario, L3C1N8

For sale

117 days ago

$550K

30 Shotwell Street, Welland (Prince Charles), Ontario, L3C1N8

2 ba2 pk2,550 ft²Lot size 50 × 132 ft (6,600 sq ft)

Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE

For sale

117 days ago

$550K

30 Shotwell Street, Welland (Prince Charles), Ontario, L3C1N8

6 bd2 ba5 pk2,250 ft²Lot size 50 × 132 ft (6,600 sq ft)

Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE

Investment analysis

Rental cashflow calculator

Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.

Estimated monthly rent

Enter the monthly rent you expect, or adjust our estimate.

Down payment (%)

Rate (%)

Amortization (yrs)

Property tax (/ yr)

Condo fee (/ mo)

Insurance (est. / mo)

Maint. + vacancy (est. / mo)

Enter an estimated monthly rent to see the cashflow.

Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.

$489,900

Welland

Book a showing

$489,900

$509,900For salePrice drop↓ $20,000 (4%)

Book a showing

368 Niagara Street, Welland (Prince Charles) - Multi-family for Sale

368 Niagara Street, Welland (Prince Charles), Ontario, L3C1K9

4 beds2 baths4 parking1,750 ft²44 × 150 ft (6,600 sq ft) lot sizeListed 34 days ago

Overview

This multi-family property in Welland is for sale offering roughly 1,750 sq ft of space. It has been on the market 34 days, fresher than the Welland average of 73 days.

Multi-Family Properties for Sale in Welland →All real estate in Welland →

Description

Turnkey Welland Duplex! This well-maintained legal duplex is ideally located in West Welland, within walking distance of Chippawa Park, Ross School, Notre Dame, canal trails, and a variety of local amenities.The main-floor unit is currently vacant and features 2 bedrooms, laundry, a full bathroom, and a full unfinished basement offering plenty of additional storage space. The upper unit is currently occupied by an excellent tenant and offers 2 bedrooms, a bathroom, a den, laundry, and a separate dining area.Situated on a large lot with 4 parking spaces, this property offers an excellent opportunity for investors, house hackers, or those seeking a multi-generational living arrangement. With a desirable location, functional layout, and income potential, this duplex is a great addition to any real estate portfolio. (id:66096)

Property Details

MLS®: X13849650
Property Type: Multi-family
Zoning: RL1, RL2
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 2
Parking: 4
Interior Size: 1,750 ft²
Lot Size: 44 × 150 ft (6,600 sq ft)
Frontage: 44 ft
Storeys: 2
Basement: Full
Heating: Radiant heat, Natural gas
Cooling: Window air conditioner
Garage: No Garage
Property Tax: $3,784/yr
Listed: 34 days ago

Rooms

Main level

Living room: 5.79 x 3.96 meters
Kitchen: 3.99 x 3.66 meters
Bedroom: 3.29 x 4.57 meters
Bedroom 2: 4.12 x 2.41 meters
Bathroom

Upper Level

Kitchen: 3.35 x 4.05 meters
Living room: 2.32 x 8.84 meters
Bedroom: 2.96 x 2.96 meters
Bedroom 2: 3.44 x 3.14 meters
Bathroom

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Stove, Dryer
Foundation: Block
Exterior: Vinyl siding

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

34d

Welland (Prince Charles) listings, avg age

73d

Price / ft²

$280

List price

$490K

Haho

This 4-bed multi-family in Welland (Prince Charles) has been listed for 34 days, which is 39 days fresher than the city average of 73. Act while there is still low competition.

Set a price alert Book a showing

Listed by COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE · Ryan Dyck

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3C)

This home lists at $489,900, about 6.2× the local median household income of $78,500.

Carrying it typically needs a household income of about $95,695 (20% down, 25-yr amortization, stress-tested) — roughly 22% above the area median.

Median household income: $78,500
Population: 33,462
Median age: 45.6
Owner / renter: 73% / 27%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA L3C)

$489,900· $280/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment5% · $24,495

Min 5%50%

Mortgage payment$2,580/mo

↳ CMHC premium ($18,616 capitalized)

Property tax (est.)$315/mo

Total monthly$2,896

Cash Needed to Close

Down payment (5%)$24,495

Land transfer tax$6,273

Est. closing costs$3,970

Total cash needed$34,738

Get Pre-Approved · Free & Fast

Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice