+19 photos
$650,000
46 Macoomb Drive, Welland, ON L3C 5T9, Welland, ON
Welland, ON L3C 5T9
6 beds 2 baths Detached
About this home
Versatile side-split located just minutes from Niagara College, Hwy 406, and a wide range of restaurants, shopping, and amenities. This property offers exceptional flexibility with 6 bedrooms and a convenient separate entry to the lower level, making it ideal as an investment property or easily adaptable for multi-generational living. Step outside and enjoy your large 55x120ft lot, covered patio, and a large, detached garage. Fantastic opportunity in a high-demand location.
Property Score
63/ 100
Overall Property Score
good
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
109% of city avgfair
Priced above Welland's average of $595,000.
Appreciation Trend
+1.2%/yrgood
Welland has seen +1.2% YoY price change.
Monthly Cash Flow
-$288/mofair
Estimated -$288/mo at 20% down, 5% rate, 25-yr amortization.
Cap Rate
5.08%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® # X13088292
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.
