753 Welland Road, Pelham

$999,999
753 Welland Road

$999,999

Price Change
63d
DetachedBungalow-Raised

753 Welland Road, Pelham

Total Monthly Obligation $5,056

Beds
3
Baths
3
Park
6
Sqft
2500-3000
DOM
63d
Score
15
Yield
3.6%
Cash on Cash
-9.4%
Cap Rate
2.6%
5Y IRR
8.2%
10Y IRR
8.9%
Property Type-Detached
MLS® Number-X13702264
Beds-3
Bathrooms-3
Size-2500-3000 sqft
Lot Size-70.5 × 213 ft
Listed on site-Aug 21, 2026
Style-Bungalow-Raised
Building Type-Detached
Taxes-$7,766 (2025)
Parking-8 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-HOMELIFE/MIRACLE REALTY LTD
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Unknown
Sewer-Sewer
Possession-Flexible
Neighbourhood-664 - Fenwick
Title-Residential Freehold

No agent assigned

Welcome to this sprawling, custom-built raised bungalow offering nearly 3,000 sq. ft. of living space on the main floor-much larger than it appears! The bright, open-concept layout is filled with natural light and enhanced by solar skylights, hardwood flooring, granite finishes, and generously sized living areas. The luxurious primary suite is privately located on its own side of the home and features a massive walk-in closet and spa-inspired ensuite. The versatile main-floor family room can serve as a home office or potentially be converted into a fourth bedroom by adding a closet. Relax in the incredible enclosed sunroom overlooking the private, park-like fenced backyard, complete with mature trees, beautiful perennial gardens, and views of the neighboring pond. The enormous basement offers two cold rooms, multiple egress windows, a separate side entrance, and tremendous potential to create additional living spaces or units, subject to municipal approvals. A private paved driveway comfortably accommodates up to six vehicles .Move-in ready and ideally located in the desirable Niagara village of Fenwick, this impressive property offers peaceful country-style living while remaining close to municipal conveniences.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$799,999
Land Transfer Taxes$16,475
Legal Fees (Est.)
$
Total cash required for closing$217,975

Total Monthly Obligation

$5,056/mo
Mortgage $4,034
Monthly Loss $3,994
Principal$1,061
Interest$2,972
Property Tax$647
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.0%12
Cash-on-Cash
-13.1%0
5-Year IRR
5.3%12
10-Year IRR
7.0%
Returns Index
7.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$36,048/yr
NOI
$20,177/yr
Net Cash Flow
-$2,352/mo
Cash Margin
-78.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.423
LTV Ratio
80.0%18
Vacancy Buffer
1.9 mo30
Risk Index
17.1/ 100

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

Comparables

Properties near 753 Welland Road

Time

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