398 AQUEDUCT Street, Welland

$759,900
398 AQUEDUCT Street

$759,900

New
21d
DetachedBungalow-Raised

398 AQUEDUCT Street, Welland

Total Monthly Obligation $3,941

Beds
5
Baths
3
Park
4
Sqft
1100-1500
DOM
21d
Score
16
Yield
4.1%
Cash on Cash
-7.4%
Cap Rate
3.0%
5Y IRR
9.8%
10Y IRR
10.0%
Property Type-Detached
MLS® Number-X13855704
Beds-5
Bathrooms-3
Size-1100-1500 sqft
Lot Size-45.01 × 110.01 ft
Listed on site-Oct 2, 2026
Style-Bungalow-Raised
Building Type-Detached
Age-New
Taxes-$6,009 (2025)
Parking-5 - Attached
Basement-Walk-Out, Partially Finished
Heating-Forced Air (Gas)
Brokerage-PEAK GROUP REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Board & Batten , Aluminum Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-767 - N. Welland
Title-Residential Freehold

No agent assigned

Welcome to the raised bungalow you've been waiting for! Built in 2019 this home comes equipped with 5 bedrooms, 3 bathrooms and over 2600 square feet of living space. Situated in one of North Welland's most desirable neighbourhoods, you're just seconds from Niagara Street adding the convenience of nearby grocery stores, banks, restaurants, pharmacies, shopping, schools, parks, walking trails, and quick highway access to the entire Niagara Region. From the moment you arrive, pride of ownership is unmistakable. A manicured lawn, landscaped gardens, concrete driveway, and a striking stone-and-siding façade create an inviting first impression. The 1.5 garage includes a side entrance and direct walk-in access to the basement an ideal setup for those seeking in-law potential, rental income, or investment opportunities. Step inside to an open-concept main floor filled with natural light. Cathedral ceilings in the living and dining areas create a bright, spacious feel, while the modern kitchen shines with quartz countertops, a matching backsplash, stainless-steel vent hood, and a walkout to the backyard deck perfect for outdoor cooking and entertaining. The main level features three generously sized bedrooms, each with large closets, including a primary suite complete with a private 4-piece ensuite. Quality finishes are evident throughout: engineered hardwood flooring, pot lights, upgraded trim and hardware, double-pane Pollard windows, and an elegant oak staircase with steel spindles. The fully finished basement is an entertainers dream, offering 9-foot ceilings, oversized windows, a large recreation room, two additional bedrooms, a 3-piece bathroom with a tiled glass shower, plus storage, laundry, and utility space. This move-in ready home combines location, style, and functionality an incredible opportunity in North Welland!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$607,920
Land Transfer Taxes$11,673
Legal Fees (Est.)
$
Total cash required for closing$165,153

Total Monthly Obligation

$3,941/mo
Mortgage $3,065
Monthly Loss $3,134
Principal$807
Interest$2,259
Property Tax$501
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.3%14
Cash-on-Cash
-11.8%0
5-Year IRR
6.4%16
10-Year IRR
7.8%
Returns Index
9.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$31,200/yr
NOI
$17,571/yr
Net Cash Flow
-$1,601/mo
Cash Margin
-61.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.484
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo39
Risk Index
20.6/ 100

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

Comparables

Properties near 398 AQUEDUCT Street

Time

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