+7 photos
$379,900
216 Wellington Street, Welland, ON L3B 1B5, Welland, ON
Welland, ON L3B 1B5
4 beds 1 bath Detached
About this home
Solid brick bungalow with attached garage located in a great Welland neighbourhood! This home offers a fantastic opportunity for buyers looking to get into the market or take on a renovation project and make it their own. Featuring a functional layout and strong bones, this property is ready for your vision and updates. Situated in a convenient location close to all amenities, schools, parks, and with easy highway access for commuters. Whether you're an investor, first-time buyer, or someone looking to customize a home to your taste, this property offers plenty of potential in a desirable area.
Property Score
72/ 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
64% of city avggreat
Priced below Welland's average of $595,000.
Appreciation Trend
+1.2%/yrgood
Welland has seen +1.2% YoY price change.
Monthly Cash Flow
+$1,092/mogood
Estimated $1,092/mo at 20% down, 5% rate, 25-yr amortization.
Cap Rate
9.06%excellent
Net operating income divided by purchase price.
Basement Suite Potential
+$1,290/moexcellent
Existing/legal suite estimated at $1,290/mo additional income.
Move-In Ready
Avggreat
Estimate. Use the listing description and photos to assess actual condition.
MLS® # X13034622
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.
