16 Braden Avenue, Welland

$585,000
16 Braden Avenue

$585,000

New
7d
DetachedBungalow

16 Braden Avenue, Welland

Total Monthly Obligation $3,061

Beds
5
Baths
2
Park
4
Sqft
700-1100
DOM
7d
Score
20
Yield
5.2%
Cash on Cash
-2.3%
Cap Rate
4.1%
5Y IRR
13.7%
10Y IRR
13.1%
Property Type-Detached
MLS® Number-X14088284
Beds-5
Bathrooms-2
Size-700-1100 sqft
Lot Size-66.55 × 112 ft
Listed on site-Oct 16, 2026
Style-Bungalow
Building Type-Detached
Taxes-$3,917 (2025)
Parking-5 - Attached
Basement-Separate Entrance, Full, Finished, Walk-Up
Heating-Forced Air (Gas)
Brokerage-RE/MAX GOLD REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-769 - Prince Charles
Title-Residential Freehold

No agent assigned

Comfort, Functionality, and Value. Bright and inviting throughout, the main floor featureshardwood flooring, ceramic tile in the kitchen, new bedroom flooring, an updated kitchen, andlarge windows that fill the home with natural light. The fully finished basement addsexceptional versatility with in-law potential, featuring a separate entrance, kitchen countertops, sink and stove connections, two bedrooms, a spacious living area, and a washroom-idealfor extended family or additional living space. Outside, enjoy a well-sized, fully fencedbackyard complete with a deck and patio, perfect for entertaining, relaxing, or familygatherings. This well-maintained home has seen numerous important updates, including furnace(2021), basement renovation (2023), driveway and side improvements (2021), bedroom flooring(2026), owned water heater (2020), washer and dryer (2024), and garage door (2019). With itsflexible layout, extensive updates, bright living spaces, and move-in-ready condition, this isa fantastic opportunity you won't want to miss!

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

Closing Costs

Mortgage Amount
$468,000
Land Transfer Taxes$8,175
Legal Fees (Est.)
$
Total cash required for closing$126,675

Total Monthly Obligation

$3,061/mo
Mortgage $2,360
Monthly Loss $2,440
Principal$621
Interest$1,739
Property Tax$326
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.6%1
5-Year IRR
9.7%33
10-Year IRR
10.4%
Returns Index
17.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$30,204/yr
NOI
$18,767/yr
Net Cash Flow
-$796/mo
Cash Margin
-31.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.669
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo53
Risk Index
26.6/ 100

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

Comparables

Properties near 16 Braden Avenue

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.