505 Netherby Road, Welland

$449,900
505 Netherby Road

$449,900

New
119d
Detached2-Storey

505 Netherby Road, Welland

Total Monthly Obligation $2,391

Beds
3
Baths
2
Park
2
Sqft
1100-1500
DOM
119d
Score
24
Yield
6.2%
Cash on Cash
2.4%
Cap Rate
5.1%
5Y IRR
17.5%
10Y IRR
16.2%
Property Type-Detached
MLS® Number-X13495710
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-59.75 × 200 ft
Listed on site-Jun 26, 2026
Style-2-Storey
Building Type-Detached
Taxes-$2,415 (2026)
Parking-2 - None
Basement-Unfinished, Half
Heating-Forced Air (Gas)
Brokerage-COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE
Cooling-None
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Stucco (Plaster)
Roof-Asphalt Shingle
Foundation-Unknown
Sewer-Septic
Possession-Flexible
Neighbourhood-765 - Cooks Mills
Title-Residential Freehold

No agent assigned

Opportunity knocks! Situated on a 0.3-acre country lot, this 3-bedroom, 2-bathroom home is full of potential for the savvy buyer looking to renovate and add value. Featuring a new metal roof (2023), New Sump Pump, Hot Water Heater and Filtration System (2025), this property offers a solid starting point for your vision. Enjoy the peace and privacy of country living while still being just a short drive to the amenities of Welland.Whether you're a first-time buyer looking to build equity, an investor, or a handyman ready for your next project, this home presents an excellent opportunity. Bring your ideas and transform this country property into the home you've always wanted.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$359,920
Land Transfer Taxes$5,473
Legal Fees (Est.)
$
Total cash required for closing$96,953

Total Monthly Obligation

$2,391/mo
Mortgage $1,815
Monthly Loss $1,913
Principal$478
Interest$1,337
Property Tax$201
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.0%27
Cash-on-Cash
-3.9%3
5-Year IRR
12.6%55
10-Year IRR
12.7%
Returns Index
28.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
24/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$27,696/yr
NOI
$18,011/yr
Net Cash Flow
-$314/mo
Cash Margin
-13.6%0
Cash Flow Index
0.3/ 100
Risk Profile
Weight: 20%
DSCR
0.8316
LTV Ratio
80.0%18
Vacancy Buffer
4.0 mo69
Risk Index
34.2/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 505 Netherby Road

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.