HN
245 Dain Avenue, Welland, ON L3B 3E7, Welland, ON
+7 photos
$549,900

245 Dain Avenue, Welland, ON L3B 3E7, Welland, ON

Welland, ON L3B 3E7
4 beds 3 baths Semi-Detached

About this home

Welcome to 245 Dain Avenue in Welland - a modern, move-in-ready semi-detached home offering versatility, style, and incredible value. Built in 2022, this bright and freshly painted two-storey home is perfect for first-time buyers, savvy investors, or anyone looking to offset their mortgage with income potential. Featuring separate meters, this property offers the rare opportunity to create a secondary unit in the lower level - ideal for renting out while living comfortably upstairs. The main living space is filled with natural light and thoughtfully designed for everyday living, with a clean, contemporary feel throughout. Whether you're entertaining or enjoying a quiet night in, the layout offers both function and comfort. Upstairs, you'll find well-proportioned bedrooms and a fresh, modern aesthetic that makes this home completely turnkey. The lower level provides exciting potential to customize and generate additional income, making this property as smart as it is stylish. Located in a growing Welland neighbourhood, close to amenities, schools, and major routes, this is an exceptional opportunity to get into the market with a newer build that checks all the boxes. Priced to sell - don't miss your chance to own a home that offers both lifestyle and investment potential.

Property Score

52/ 100
Overall Property Score
fair

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
92% of city avggood
Priced below Welland's average of $595,000.
Appreciation Trend
+1.2%/yrgood
Welland has seen +1.2% YoY price change.
Monthly Cash Flow
-$1,424/mopoor
Estimated -$1,424/mo at 20% down, 5% rate, 25-yr amortization.
Cap Rate
2.51%fair
Net operating income divided by purchase price.
Basement Suite Potential
Not viablepoor
This property type typically can't add a basement suite.
Move-In Ready
Avggreat
Estimate. Use the listing description and photos to assess actual condition.
MLS® # X13032762
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.