211 CLASSIC Avenue, Welland

$649,900
211 CLASSIC Avenue

$649,900

Price Change
29d
DetachedBungalow

211 CLASSIC Avenue, Welland

Total Monthly Obligation $3,421

Beds
3
Baths
3
Park
1
Sqft
1100-1500
DOM
29d
Score
16
Yield
3.6%
Cash on Cash
-9.8%
Cap Rate
2.5%
5Y IRR
7.9%
10Y IRR
8.6%
Property Type-Detached
MLS® Number-X13824540
Beds-3
Bathrooms-3
Size-1100-1500 sqft
Lot Size-39.37 × 100 ft
Listed on site-Sep 24, 2026
Style-Bungalow
Building Type-Detached
Taxes-$5,096 (2025)
Parking-2 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-IN THE NEW YEAR WOULD BE BEST
Neighbourhood-773 - Lincoln/Crowland
Title-Residential Freehold

No agent assigned

Rarely available one-owner detached home built by award-winning Rinaldi Homes!!! Steps away from Memorial Park, this 2015-built gem offers 1,681 total sq. ft. of immaculate living space. The main level features a fluid living/dining layout, kitchen, laundry room, and inside entry to the attached garage. Includes 2+1 bedrooms, 2.5 baths , and a fantastic fully finished basement recreation room paired with massive storage potential. Possible inlaw suite!!! Lovingly maintained by its original owner and situated in an incredible family neighborhood. Move right in!!!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$519,920
Land Transfer Taxes$9,473
Legal Fees (Est.)
$
Total cash required for closing$140,953

Total Monthly Obligation

$3,421/mo
Mortgage $2,622
Monthly Loss $2,731
Principal$690
Interest$1,932
Property Tax$425
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.8%11
Cash-on-Cash
-14.3%0
5-Year IRR
4.5%9
10-Year IRR
6.4%
Returns Index
6.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$23,400/yr
NOI
$11,464/yr
Net Cash Flow
-$1,666/mo
Cash Margin
-85.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.363
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo47
Risk Index
22.6/ 100

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

Comparables

Properties near 211 CLASSIC Avenue

Time

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Data last updated within the past 24 hours.