50480 Phillips Road, Wainfleet

$999,000
50480 Phillips Road

$999,000

Price Change
57d
DetachedBungalow

50480 Phillips Road, Wainfleet

Total Monthly Obligation $5,141

Beds
4
Baths
3
Park
8
Sqft
1500-2000
DOM
57d
Yield
3.2%
Cash on Cash
-11.5%
Cap Rate
2.1%
5Y IRR
6.6%
10Y IRR
7.6%
Property Type-Detached
MLS® Number-X13716786
Beds-4
Bathrooms-3
Size-1500-2000 sqft
Lot Size-300 × 676 ft
Listed on site-Aug 27, 2026
Style-Bungalow
Building Type-Detached
Taxes-$8,834 (2026)
Parking-11 - Attached
Basement-Full
Heating-Forced Air (Propane)
Brokerage-ROYAL LEPAGE NRC REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-Above Ground
Facing-West
Exterior-Stone, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Septic
Possession-TBA
Neighbourhood-879 - Marshville/Winger
Title-Residential Freehold

No agent assigned

Welcome to this exceptional bungalow set on a private, 4.6-acre partly treed lot with no front or rear neighbours. Conveniently located near HWY 58 allowing a quick 5 minute drive to Welland or 10 minute drive to Port Colborne. Designed for both comfortable family living and entertaining, this spacious home features vaulted ceilings and an open-concept main living area that seamlessly connects the living room and kitchen. The main floor offers a spacious primary bedroom with a 5-piece ensuite and patio doors leading directly to the rear deck, creating a wonderful connection to the outdoor living space. Main-floor laundry, additional bedroom, office/den and a 3-piece bathroom provide convenient one-level living. The fully finished basement adds even more living and entertaining space, featuring two additional bedrooms, a family room and games room with plenty of room for gatherings, recreation, or relaxation. Basement floor has radiant heating installed but is not currently in use, needs to be hooked up to a water heater. Step outside to play pickle ball on your own court or enjoy the expansive rear deck complete with two gazebos overlooking the pool, creating the perfect setting for summer fun and relaxation. The attached 3-car garage includes a specially reinforced floor area designed to accommodate a vehicle hoist, making it ideal for automotive enthusiasts, hobbyists, or those needing additional workshop space. With its generous acreage, mature trees, exceptional privacy, extensive outdoor amenities, and versatile living spaces, this property offers a rare combination of country living, recreation, and convenience. High speed fibre internet available!

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Closing Costs

Mortgage Amount
$799,200
Land Transfer Taxes$16,455
Legal Fees (Est.)
$
Total cash required for closing$217,755

Total Monthly Obligation

$5,141/mo
Mortgage $4,030
Monthly Loss $4,080
Principal$1,060
Interest$2,969
Property Tax$736
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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

Comparables

Properties near 50480 Phillips Road

Time

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