17 Downriver Drive, Welland

$599,000
17 Downriver Drive

$599,000

New
29d
Detached2-Storey

17 Downriver Drive, Welland

Total Monthly Obligation $3,285

HausQ Valuation Report
Beds
4
Baths
3
Park
2
Sqft
1500-2000
DOM
29d
Score
18
Yield
4.9%
Cash on Cash
-4.9%
Cap Rate
3.5%
5Y IRR
11.7%
10Y IRR
11.6%
Property Type-Detached
MLS® Number-X13825010
Beds-4
Bathrooms-3
Size-1500-2000 sqft
Lot Size-41.23 × 92.6 ft
Listed on site-Sep 24, 2026
Style-2-Storey
Building Type-Detached
Taxes-$5,929 (2025)
Parking-4 - Built-In
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX REAL ESTATE CENTRE INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete, Unknown
Sewer-Sewer
Possession-immediate
Neighbourhood-774 - Dain City
Title-Residential Freehold

No agent assigned

Welcome to this stunning 2-storey detached home built by Empire in a serene, nature-inspired community near the shores of Lake Erie. Surrounded by scenic boardwalks and trails, this neighborhood offers the perfect balance of tranquility and convenience. Ideally located close to Welland, Port Colborne, Niagara Falls, the Niagara wine region, Brock University, Niagara College, and the U.S. border - everything you need is just minutes away. This beautifully designed home features 4 spacious bedrooms and 2.5 bathrooms. The double-door entry welcomes you into a bright and airy great room with 9-ft ceilings and oversized windows that flood the space with natural light. The open-concept layout is perfect for entertaining, THE Upgraded kitchen is complemented by granite countertops, stainless steel appliances, and upgraded tall cabinetry. The Kitchen walks through breakfast area that opens to backyard. Upstairs, enjoy a generous primary retreat complete with a 5-piece ensuite and walk-in closet. Three additional bedrooms offer ample space and storage for the entire family. A perfect blend of comfort, space, and lifestyle awaits you. The house shows 10/10. Some pictures have been staged with AI for visualization. Buyer discretion is advised.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$479,200
Land Transfer Taxes$8,455
Legal Fees (Est.)
$
Total cash required for closing$129,755

Total Monthly Obligation

$3,285/mo
Mortgage $2,416
Monthly Loss $2,649
Principal$636
Interest$1,780
Property Tax$494
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-10.0%1
5-Year IRR
7.9%22
10-Year IRR
9.0%
Returns Index
12.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$29,520/yr
NOI
$16,139/yr
Net Cash Flow
-$1,071/mo
Cash Margin
-43.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo49
Risk Index
24.3/ 100

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

Comparables

Properties near 17 Downriver Drive

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.