8 Downriver Drive, Welland

$675,000
8 Downriver Drive

$675,000

New
28d
Detached2-Storey

8 Downriver Drive, Welland

Total Monthly Obligation $3,659

HausQ Valuation Report
Beds
5
Baths
3
Park
1
Sqft
2000-2500
DOM
28d
Score
17
Yield
4.5%
Cash on Cash
-6.5%
Cap Rate
3.2%
5Y IRR
10.5%
10Y IRR
10.6%
Property Type-Detached
MLS® Number-X13829292
Beds-5
Bathrooms-3
Size-2000-2500 sqft
Lot Size-43.6 × 80.6 ft
Listed on site-Sep 25, 2026
Style-2-Storey
Building Type-Detached
Taxes-$6,737.42 (2026)
Parking-2 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flex
Neighbourhood-774 - Dain City
Title-Residential Freehold

No agent assigned

Welcome to 8 Downriver Drive, Welland! This bright and spacious 2-storey home sits on a desirable corner lot just steps from the Welland Canal. Offering 4+1 bedrooms and 3 bathrooms, the home features a functional layout with plenty of natural light and comfortable living space throughout. All four bedrooms are conveniently located on the second floor along with the laundry room, making everyday living that much easier. The spacious primary bedroom features a walk-in closet and private ensuite. Enjoy the convenience of being close to shopping, schools, parks, restaurants and everyday amenities, while the nearby canal and recreational trails provide a peaceful setting for walking, cycling and enjoying the outdoors. The property is currently tenanted by fantastic tenants who truly love the home and have treated it with great care. A bright, well-kept home with a spacious layout, great location and plenty to offer!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$540,000
Land Transfer Taxes$9,975
Legal Fees (Est.)
$
Total cash required for closing$146,475

Total Monthly Obligation

$3,659/mo
Mortgage $2,723
Monthly Loss $2,943
Principal$716
Interest$2,006
Property Tax$561
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.2%0
5-Year IRR
6.9%18
10-Year IRR
8.2%
Returns Index
10.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$30,684/yr
NOI
$16,378/yr
Net Cash Flow
-$1,358/mo
Cash Margin
-53.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.505
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo43
Risk Index
22.0/ 100

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

Comparables

Properties near 8 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.