383 Chaffey Street, Welland

$439,900
383 Chaffey Street

$439,900

New
25d
Att/Row/Townhouse2-Storey

383 Chaffey Street, Welland

Total Monthly Obligation $2,542

Beds
3
Baths
2
Park
1
Sqft
1100-1500
DOM
25d
Score
21
Yield
6.0%
Cash on Cash
-0.9%
Cap Rate
4.4%
5Y IRR
14.8%
10Y IRR
14.0%
Property Type-Att/Row/Townhouse
MLS® Number-X13836560
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-26.28 × 125.07 ft
Listed on site-Sep 28, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Age-0-5
Taxes-$4,716.18 (2026)
Parking-2 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT GOLFI REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-773 - Lincoln/Crowland
Title-Residential Freehold

No agent assigned

Welcome to 383 Chaffey Street, a 2022-built end-unit townhome offering modern construction, a functional layout, and plenty of flexibility for today's lifestyle. The bright and inviting main floor features an open-concept design with a modern kitchen complete with quartz countertops and newer appliances, complemented by new faucets and new LED ceiling lights throughout. The kitchen flows seamlessly into the living room and out through sliding doors to the rear deck and deep backyard with brand-new fence. A main-floor bedroom with ensuite access to the 4-piece bathroom provides the option for convenient main-floor living, while the two additional bedrooms upstairs offer plenty of space to suit your needs, whether for family, a home office, hobbies, or additional living space. Main-floor laundry adds even more everyday convenience. The unfinished basement provides excellent potential for future additional living space, a recreation room, bedroom, bathroom, home office, or in-law suite, subject to applicable approvals. Located in a growing Welland community close to the Welland International Flatwater Centre, Welland Hospital, parks, shopping, public transit, and major amenities, with easy access to Port Colborne and Niagara Falls. Offering modern 2022 construction, a versatile layout, and room to grow, 383 Chaffey Street is a home that can adapt beautifully to your lifestyle for years to come.

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

Closing Costs

Mortgage Amount
$351,920
Land Transfer Taxes$5,273
Legal Fees (Est.)
$
Total cash required for closing$94,753

Total Monthly Obligation

$2,542/mo
Mortgage $1,774
Monthly Loss $2,076
Principal$467
Interest$1,307
Property Tax$393
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%20
Cash-on-Cash
-7.2%1
5-Year IRR
10.1%36
10-Year IRR
10.7%
Returns Index
19.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$26,316/yr
NOI
$14,468/yr
Net Cash Flow
-$569/mo
Cash Margin
-25.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.689
LTV Ratio
80.0%18
Vacancy Buffer
3.8 mo65
Risk Index
30.8/ 100

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

Comparables

Properties near 383 Chaffey Street

Time

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