89 Sixth Street, Welland (Lincoln/Crowland), Ontario, L3B5A7




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$1,499,900
Welland
This multi-family property in Welland is for sale offering roughly 2,917 sq ft of space. It has been on the market 21 days, fresher than the Welland average of 71 days.
Newly constructed, fully tenanted, purpose-built fiveplex featuring two bachelor units and three two-bedroom units, with five parking spaces. Each unit includes a full kitchen, its own washer and dryer, an independently controlled heating and cooling system, and a dedicated hot water tank. Generating $8,250 in monthly rental income, this property offers modern living spaces and the convenience of self-contained units. Some photos virtually staged. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 21 days on market, against an average age of 71 days across the listings currently for sale in this city
This multi-family in Welland (Lincoln/Crowland) has been listed for 21 days, which is 50 days fresher than the city average of 71. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,499,900, about 22.6× the local median household income of $66,500.
Carrying it typically needs a household income of about $292,983 (20% down, 25-yr amortization, stress-tested) — roughly 341% above the area median.
Source: Statistics Canada, 2021 Census (FSA L3B)
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Loading rates, 30-yr amortization
Cash Needed to Close
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