26 PINEHURST Drive, Welland

$624,900
26 PINEHURST Drive

$624,900

New
16d
DetachedBungalow-Raised

26 PINEHURST Drive, Welland

Total Monthly Obligation $3,269

Beds
3
Baths
2
Park
4
Sqft
700-1100
DOM
16d
Score
17
Yield
3.9%
Cash on Cash
-8.4%
Cap Rate
2.8%
5Y IRR
9.0%
10Y IRR
9.4%
Property Type-Detached
MLS® Number-X13871920
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-61.02 × 120 ft
Listed on site-Oct 7, 2026
Style-Bungalow-Raised
Building Type-Detached
Age-31-50
Taxes-$4,478.4 (2026)
Parking-3 - Attached
Basement-Walk-Up, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE NRC REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-Above Ground
Facing-South
Exterior-Metal/Steel Siding, Brick Front
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-30-60 days
Neighbourhood-767 - N. Welland
Title-Residential Freehold

No agent assigned

Move-in ready and thoughtfully updated, this spacious raised bungalow offers an impressive amount of finished living space in a convenient, family-friendly neighbourhood. With approximately $60,000 invested in recent updates and renovations, the home combines a bright, comfortable layout with versatile spaces that adapt easily to everyday life.The main level features an updated kitchen with generous cabinetry that flows into the open-concept living and dining areas. Three bedrooms and an updated bathroom complete the principal living space, while the former attached garage has been transformed into a versatile den and home office-ideal for working from home, a quiet sitting area or additional flex space. For buyers who prefer enclosed parking, the space offers the potential to be converted back to a single-car garage.The fully finished lower level provides even more room with a large recreation area, three-piece bathroom, additional bedroom or games room, and dedicated laundry and utility space. A separate walk-up entrance adds another level of flexibility and creates excellent potential for extended family or an in-law arrangement.Outside, the fully fenced backyard provides a private setting with a patio, storage shed and plenty of room for outdoor dining, entertaining or simply enjoying the warmer months.With numerous improvements throughout, this is a home where much of the work has already been done. Conveniently located close to Niagara College, the YMCA, shopping, recreation and everyday amenities, it offers a great combination of space, versatility and location.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$499,920
Land Transfer Taxes$8,973
Legal Fees (Est.)
$
Total cash required for closing$135,453

Total Monthly Obligation

$3,269/mo
Mortgage $2,521
Monthly Loss $2,606
Principal$663
Interest$1,857
Property Tax$373
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.0%12
Cash-on-Cash
-13.1%0
5-Year IRR
5.4%12
10-Year IRR
7.1%
Returns Index
7.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$24,060/yr
NOI
$12,676/yr
Net Cash Flow
-$1,464/mo
Cash Margin
-73.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.423
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo49
Risk Index
23.7/ 100

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

Comparables

Properties near 26 PINEHURST Drive

Time

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