17 Elizabeth Street E, Welland

$329,000
17 Elizabeth Street E

$329,000

Price Change
17d
Detached2-Storey

17 Elizabeth Street E, Welland

Total Monthly Obligation $1,948

Beds
4
Baths
1
Park
4
Sqft
1500-2000
DOM
17d
Score
50
Yield
9.3%
Cash on Cash
14.3%
Cap Rate
7.7%
5Y IRR
27.2%
10Y IRR
24.5%
Property Type-Detached
MLS® Number-X13868576
Beds-4
Bathrooms-1
Size-1500-2000 sqft
Lot Size-55 × 99 ft
Listed on site-Oct 6, 2026
Style-2-Storey
Building Type-Detached
Age-100+
Taxes-$2,952.59 (2026)
Parking-4 - None
Basement-Full, Unfinished
Heating-Radiant (Gas)
Brokerage-Century 21 Heritage House LTD
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick, Other
Roof-Shingles
Foundation-Block
Sewer-Sewer
Possession-Quick Possession Preferred
Neighbourhood-769 - Prince Charles
Title-Residential Freehold

No agent assigned

One of a kind Character Home! Welcome to this charming, two-story family home in West Welland nestled between Aqueduct and Niagara Street. Character, space and natural light define this spacious four bedroom home. Beautiful wood details and a welcoming foyer create an inviting first impression. This home boasts a traditional layout with large rooms and nine foot ceilings, featuring original hardwood flooring, new flooring in the kitchen and dining room, decorative radiators and two decorative fireplaces. The main level features a spacious living room, large kitchen and formal dining room designed for seamless family gatherings and entertaining. Upstairs, you'll find the 4 bedrooms and a bathroom. On the third level, a versatile walk-up loft/attic presents excellent bonus storage or the exciting potential to build out additional living space. Step outside to enjoy your covered deck situated on a fully fenced backyard. Located just moments from top-rated schools, beautiful parks, and all essential amenities. Great for first time home buyers wanting to build some equity, a large family or investors! If modern and brand-new is what you're after, keep looking! But if you love the charm of a century home, original floors, classic trim and 100 years of character this home is waiting for your personal touch! Quick possession available.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$263,200
Land Transfer Taxes$3,410
Legal Fees (Est.)
$
Total cash required for closing$70,710

Total Monthly Obligation

$1,948/mo
Mortgage $1,327
Monthly Loss $1,599
Principal$349
Interest$978
Property Tax$246
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
6.1%51
Cash-on-Cash
5.9%26
5-Year IRR
20.6%93
10-Year IRR
19.3%
Returns Index
58.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeC
50/ 100
Poor•Caution

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

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$30,600/yr
NOI
$20,087/yr
Net Cash Flow
$347/mo
Cash Margin
13.6%43
Cash Flow Index
43.1/ 100
Risk Profile
Weight: 20%
DSCR
1.2651
LTV Ratio
80.0%18
Vacancy Buffer
4.8 mo81
Risk Index
50.1/ 100

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

Comparables

Properties near 17 Elizabeth Street E

Time

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