230 Wellington Street, Port Colborne

$524,500
230 Wellington Street

$524,500

New
43d
Detached1 1/2 Storey

230 Wellington Street, Port Colborne

Total Monthly Obligation $2,835

Beds
4
Baths
2
Park
4
Sqft
1100-1500
DOM
43d
Score
20
Yield
5.5%
Cash on Cash
-1.5%
Cap Rate
4.3%
5Y IRR
14.3%
10Y IRR
13.6%
Property Type-Detached
MLS® Number-X13767214
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-66 × 116 ft
Listed on site-Sep 10, 2026
Style-1 1/2 Storey
Building Type-Detached
Taxes-$4,134 (2026)
Parking-6 - Detached
Basement-Partially Finished, Full
Heating-Forced Air (Gas)
Brokerage-RE/MAX NIAGARA REALTY LTD, BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-FLEXIBLE
Neighbourhood-875 - Killaly East
Title-Residential Freehold

No agent assigned

A fantastic corner lot, detached double-car garage, and excellent in-law potential make 230 Wellington Street an opportunity worth exploring. This charming, move-in-ready 1.5-storey home offers four bedrooms, two full bathrooms, and a versatile layout designed to adapt to your needs. Two main-floor bedrooms provide convenient everyday living, with flexibility to accommodate guests or a home office. The lower level features a second kitchen, offering a strong starting point for an in-law setup or space for extended family. Outside, the landscaped yard provides a welcoming setting to relax, entertain, or enjoy time with family, while the detached double garage offers ample room for parking, storage, hobbies, or a workshop. Set in a family-friendly neighbourhood within walking distance of Lakeshore High School and just steps from the Vale Health & Wellness Centre, parks, arenas, and recreation, this home brings together comfort, convenience, and exceptional value.

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

Closing Costs

Mortgage Amount
$419,600
Land Transfer Taxes$6,965
Legal Fees (Est.)
$
Total cash required for closing$113,365

Total Monthly Obligation

$2,835/mo
Mortgage $2,116
Monthly Loss $2,278
Principal$557
Interest$1,559
Property Tax$345
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%21
Cash-on-Cash
-7.2%1
5-Year IRR
10.0%36
10-Year IRR
10.7%
Returns Index
18.9/ 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
$28,800/yr
NOI
$17,286/yr
Net Cash Flow
-$675/mo
Cash Margin
-28.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.689
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo58
Risk Index
28.4/ 100

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

Comparables

Properties near 230 Wellington Street

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.