8 North Crescent Drive N, Welland

$495,000
8 North Crescent Drive N

$495,000

New
32d
DetachedBungalow

8 North Crescent Drive N, Welland

Total Monthly Obligation $2,652

HausQ Valuation Report
Beds
4
Baths
2
Park
3
Sqft
700-1100
DOM
32d
Score
19
Yield
4.9%
Cash on Cash
-3.9%
Cap Rate
3.7%
5Y IRR
12.5%
10Y IRR
12.2%
Property Type-Detached
MLS® Number-X13809810
Beds-4
Bathrooms-2
Size-700-1100 sqft
Lot Size-33.61 × 212.54 ft
Listed on site-Sep 21, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$3,366 (2025)
Parking-4 - Carport
Basement-Partially Finished, Development Potential, Full
Heating-Forced Air (Gas)
Brokerage-RE/MAX NIAGARA REALTY LTD, BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick
Roof-Metal
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-774 - Dain City
Title-Residential Freehold

No agent assigned

A little more space, a little more privacy, and a backyard you'll love coming home to. Tucked away in Dain City, this 4-bedroom, 1.5-bath home sits on over 1/4 acre of land and backs onto protected green space. Enjoy this beautiful outdoor setup with a spacious, enclosed wraparound deck (2024), outdoor fan, a cozy fire pit, and two sheds, including one stocked with extra firewood for your enjoyment. Freshly painted throughout, the home features laminate flooring and original hardwood in the main-floor bedrooms. The partially finished basement offers a fourth bedroom and a den, a large recreation space, and a secondary 2-piece bathroom added in 2024, with shower rough-ins and prepared subfloor ready for completion. Recent updates include a high-efficiency furnace, most windows and doors (2024), and exterior Spray-Net coating (2023). The garage features a dedicated workshop setup, perfect for hobbies or projects. Just minutes from the Welland Canal, enjoy waterfront walks, passing boats, public transit, and Dain City's continued growth. Whether you're buying your first home, downsizing, or looking for a property with room to evolve, this one is worth a closer look!

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Closing Costs

Mortgage Amount
$396,000
Land Transfer Taxes$6,375
Legal Fees (Est.)
$
Total cash required for closing$106,875

Total Monthly Obligation

$2,652/mo
Mortgage $1,997
Monthly Loss $2,127
Principal$525
Interest$1,471
Property Tax$281
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.5%1
5-Year IRR
8.2%24
10-Year IRR
9.2%
Returns Index
13.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$24,132/yr
NOI
$13,853/yr
Net Cash Flow
-$842/mo
Cash Margin
-41.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.586
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo62
Risk Index
29.0/ 100

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

Comparables

Properties near 8 North Crescent Drive N

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.