29 Mcnaughton Road, Welland, ON L3B 2R4, Welland, ON

29 Mcnaughton Road, Welland, ON L3B 2R4, Welland, ON photo 2

29 Mcnaughton Road, Welland, ON L3B 2R4, Welland, ON photo 3

29 Mcnaughton Road, Welland, ON L3B 2R4, Welland, ON photo 4

29 Mcnaughton Road, Welland, ON L3B 2R4, Welland, ON photo 5

+7 photos

$274,900

29 Mcnaughton Road, Welland, ON L3B 2R4, Welland, ON

Welland, ON L3B 2R4

2 beds 1 bath Detached

About this home

Welcome to 29 McNaughton Road. This 1942-built wartime home offers a fantastic opportunity for those looking to renovate, restore, or invest. Offering approximately 620 square feet of living space, the home features two bedrooms and one bathroom with a traditional layout. The property does require updating, presenting a great chance to make it your own. Ideal for contractors, investors, or buyers ready to take on a project. A standout feature is the detached garage, offering 382 square feet of additional space. Built in 1977, this one and half-car garage adds value and versatility-something not found with every home in the area. Conveniently located close to shopping, schools, Plymouth Park, the Welland County General Hospital, and on a bus route. A fire hydrant located on the property may also offer potential savings on homeowners insurance. The property is being sold in as-is, where-is condition. A great opportunity to break into the market or add to your investment portfolio. Come have a look at this one today.

Property Score

70/ 100

Overall Property Score

great

A blend of both buyer and investor metrics.

Score breakdown

Walkability

55/100good

Score based on neighborhood density, downtown proximity, and walkable amenities.

Transit Access

45/100fair

GO Transit, LRT, and bus access from this neighborhood.

Schools

62/100good

Based on local school rankings (Fraser Institute proxy).

Affordability

46% of city avgexcellent

Priced below Welland's average of $595,000.

Appreciation Trend

+1.2%/yrgood

Welland has seen +1.2% YoY price change.

Monthly Cash Flow

-$14/mofair

Estimated -$14/mo at 20% down, 5% rate, 25-yr amortization.

Cap Rate

5.55%excellent

Net operating income divided by purchase price.

Basement Suite Potential

Buildablegreat

Strong potential for a legal basement suite - could add ~$1,290/mo.

Move-In Ready

Avggreat

Estimate. Use the listing description and photos to assess actual condition.

MLS^® # X13018098

Listings displayed are for informational purposes only and are believed to be accurate but are not guaranteed. MLS®, REALTOR®, and the associated logos are owned by The Canadian Real Estate Association (CREA). MLS® data is provided courtesy of the Toronto Regional Real Estate Board (TRREB) and is for personal, non-commercial use only. Cityscape Real Estate Ltd., Brokerage.

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