258 Wellandwale Drive, Welland

$799,000
258 Wellandwale Drive

$799,000

New
9d
Detached2-Storey

258 Wellandwale Drive, Welland

Total Monthly Obligation $4,098

Beds
4
Baths
4
Park
6
Sqft
2000-2500
DOM
9d
Score
17
Yield
4.2%
Cash on Cash
-6.8%
Cap Rate
3.1%
5Y IRR
10.2%
10Y IRR
10.4%
Property Type-Detached
MLS® Number-X14033512
Beds-4
Bathrooms-4
Size-2000-2500 sqft
Lot Size-38.84 × 117 ft
Listed on site-Oct 14, 2026
Style-2-Storey
Building Type-Detached
Taxes-$6,000 (2025)
Parking-8 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX SKYWAY REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Brick, Stucco (Plaster)
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-30/60/90
Neighbourhood-767 - N. Welland
Title-Residential Freehold

No agent assigned

Welcome to this stunning 4-bedroom detached home, offering a perfect blend of modern style, comfort, and functionality. Featuring 3 spacious bedrooms on the upper level and an additional bedroom with a full attached washroom on the main floor, this home is ideal for extended families and offers excellent in-law accommodation potential. The lot features no house in the back for privacy in the backyard. Very convenient location, within walking distance to plazas & shopping Malls. Enjoy impressive high ceilings, modern finishes, and an almost-new feel throughout. The beautiful contemporary kitchen features ample cabinetry, generous counter space, and stainless steel appliances, making it perfect for both everyday living and entertaining. Ample of parking space with room to park almost 8 cars. With bright, spacious living areas and a thoughtfully designed layout, this exceptional home is truly move-in ready and offers everything a growing family could desire. Please note property will be delivered professionally deep cleaned for the new owners!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$639,200
Land Transfer Taxes$12,455
Legal Fees (Est.)
$
Total cash required for closing$173,755

Total Monthly Obligation

$4,098/mo
Mortgage $3,223
Monthly Loss $3,250
Principal$848
Interest$2,375
Property Tax$500
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-11.1%1
5-Year IRR
6.9%18
10-Year IRR
8.2%
Returns Index
10.3/ 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
$33,456/yr
NOI
$19,610/yr
Net Cash Flow
-$1,589/mo
Cash Margin
-57.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.515
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo37
Risk Index
20.2/ 100

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

Comparables

Properties near 258 Wellandwale 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.

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Data last updated within the past 24 hours.