239 Midland Place, Welland

$1,210,000
239 Midland Place

$1,210,000

New
59d
Detached2-Storey

239 Midland Place, Welland

Total Monthly Obligation $5,963

Beds
4
Baths
5
Park
4
Sqft
2500-3000
DOM
59d
Score
15
Yield
3.8%
Cash on Cash
-8.1%
Cap Rate
2.8%
5Y IRR
9.2%
10Y IRR
9.6%
Property Type-Detached
MLS® Number-X13715038
Beds-4
Bathrooms-5
Size-2500-3000 sqft
Lot Size-51.42 × 75.99 ft
Listed on site-Aug 25, 2026
Style-2-Storey
Building Type-Detached
Age-New
Taxes-$8,491.03 (2026)
Parking-6 - Attached
Basement-Walk-Out, Unfinished
Heating-Forced Air (Electric)
Brokerage-STONEMILL REALTY INC.
Cooling-Other
Laundry-No
Fireplace-Family Room
Pool-None
Facing-West
Exterior-Brick, Stone
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-766 - Hwy 406/Welland
Title-Residential Freehold

No agent assigned

Limited time HST rebate offers once in a lifetime, affordable luxury. This custom built beauty offers 2,746 sq. ft. of beautifully designed living space + an additional 1,647 sq. ft. finished lower level with a walk-out to the backyard and its own separate exterior entrance. Hello incredible rec room, guest space, home gym, or office! And the details? Think dramatic oversized windows, a welcoming front porch, modern iron railings, wide-plank oak floors, a waterfall island, marble-inspired backsplash, linear fireplace, full oak staircase, and a dreamy primary ensuite with an oversized glass shower + freestanding tub. Upstairs, the oversized bedrooms each enjoy a full ensuite or shared ensuite and no bedrooms over the garage. Laundry room is bright and airy with a beautiful oversized window. Set in Waterview Estates community next to Hunters Pointes, nearby parks, trails, shopping and easy access to the 406 Hwy including a lookout where you can watch the ships sail by. Sod + asphalt driveway have completed by builder .Full 7-year Tarion Warranty coverage from move-in date.

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

Closing Costs

Mortgage Amount
$968,000
Land Transfer Taxes$20,675
Legal Fees (Est.)
$
Total cash required for closing$264,175

Total Monthly Obligation

$5,963/mo
Mortgage $4,881
Monthly Loss $4,679
Principal$1,284
Interest$3,596
Property Tax$708
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.3%14
Cash-on-Cash
-11.7%0
5-Year IRR
6.4%16
10-Year IRR
7.8%
Returns Index
9.2/ 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
$45,696/yr
NOI
$28,135/yr
Net Cash Flow
-$2,536/mo
Cash Margin
-66.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.484
LTV Ratio
80.0%18
Vacancy Buffer
1.6 mo25
Risk Index
15.9/ 100

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

Comparables

Properties near 239 Midland Place

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.