156 Shoreview Drive, Welland

$1,210,000
156 Shoreview Drive

$1,210,000

New
59d
Detached2-Storey

156 Shoreview Drive, Welland

Total Monthly Obligation $5,539

HausQ Valuation Report
Beds
4
Baths
3
Park
2
Sqft
2500-3000
DOM
59d
Score
15
Yield
3.0%
Cash on Cash
-8.3%
Cap Rate
2.8%
5Y IRR
9.1%
10Y IRR
9.5%
Property Type-Detached
MLS® Number-X13715094
Beds-4
Bathrooms-3
Size-2500-3000 sqft
Lot Size-46.1 × 114.61 ft
Listed on site-Aug 25, 2026
Style-2-Storey
Building Type-Detached
Age-0-5
Taxes-$3,403.8 (2025)
Parking-4 - Built-In
Basement-Walk-Out, Unfinished
Heating-Forced Air (Gas)
Brokerage-STONEMILL REALTY INC.
Cooling-Other
Laundry-No
Fireplace-Natural Gas, Family Room
Pool-None
Facing-East
Exterior-Stone, Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-766 - Hwy 406/Welland
Title-Residential Freehold

No agent assigned

Stunning, private views of the canal from this gorgeous Builder Show Home! Home is loaded with over $200k in upgrades & premium finishes, selected by our in-house designers. Oversize windows highlight the natural light, great sightlines & provide unique opportunity to watch the ships pass by from the kitchen, family room & master bedroom. Main floor offers maximum living space with additional separate dining room, front of the home living room and office. Bright, walk-out basement is perfect for future finish to provide multi-generational living space, rec room/home theatre or extra guest/family suite. Premium lot is extra deep, canal-side plus greenspace beside. Canal-side community is SOLD OUT and this home offers a rare possibility to own a very special home, furnished & move-in ready!

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$968,000
Land Transfer Taxes$20,675
Legal Fees (Est.)
$
Total cash required for closing$264,175

Total Monthly Obligation

$5,539/mo
Mortgage $4,881
Monthly Loss $4,255
Principal$1,284
Interest$3,596
Property Tax$284
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.1%12
Cash-on-Cash
-12.9%0
5-Year IRR
5.4%12
10-Year IRR
7.0%
Returns Index
7.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$36,504/yr
NOI
$24,950/yr
Net Cash Flow
-$2,802/mo
Cash Margin
-92.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.434
LTV Ratio
80.0%18
Vacancy Buffer
1.8 mo27
Risk Index
16.3/ 100

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

Comparables

Properties near 156 Shoreview Drive

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.

Data is provided courtesy of PropTx.

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Data last updated within the past 24 hours.