$499,000

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#28 42 Renfrew Trail, Welland (N. Welland) - Single Family for Sale

#28 42 Renfrew Trail, Welland (N. Welland), Ontario, L3C0K2

3 beds3 baths parking

#20 110 Silvan Drive, Welland (N. Welland), Ontario, L3C6Z5

2 bd2 ba1 pk1,100 ft²+$310/mo

Listed by ROYAL LEPAGE NRC REALTY

#122 781 Clare Avenue, Welland (N. Welland), Ontario, L3C0K1

For sale

184 days ago

$390K

#122 781 Clare Avenue, Welland (N. Welland), Ontario, L3C0K1

3 bd3 ba2 pk1,300 ft²+$469/mo

Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE

Investment analysis

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$499,000

Welland

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Description

Located in the City of Welland . Almost new home has three bedrooms, two and a half bathrooms, all stainless steel appliances, a nine-foot main floor ceiling, oak stairs, Close to grocery stores, Niagara College, Longo s, Minutes to Hwy 406, and many other Stores. open- concept design and one bedroom with Balcony. (id:66096)

Property Details

MLS®: X14146130
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 2
Interior Size: 1,500 ft²
Storeys: 2
Basement: Unfinished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Condo Fee: $264/mo
Ownership: Condo/Strata
Property Tax: $5,400.45/yr
Listed: Yesterday

Rooms

Main level

Kitchen: 3.1 x 3.04 meters
Family room: 3.56 x 5.02 meters
Dining room: 3.05 x 3.96 meters

Second level

Primary Bedroom: 3.96 x 3.68 meters
Bedroom 2: 3.29 x 3.65 meters
Bedroom 3: 3.29 x 3.65 meters
Laundry room: 2.43 x 1.73 meters

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

Area context

Neighbourhood profile (L3C)

This home lists at $499,000, about 6.4× the local median household income of $78,500.

Carrying it typically needs a household income of about $97,472 (20% down, 25-yr amortization, stress-tested) — roughly 24% 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)

$499,000· $333/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,950

Min 5%50%

Mortgage payment$2,628/mo

↳ CMHC premium ($18,962 capitalized)

Property tax (est.)$450/mo

Condo fee$264/mo

Total monthly$3,342

Cash Needed to Close

Down payment (5%)$24,950

Land transfer tax$6,455

Est. closing costs$3,997

Total cash needed$35,402

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

#28 42 Renfrew Trail, Welland (N. Welland) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (L3C)

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Full Cost Breakdown