107 Broadway Street, Welland

$389,000
107 Broadway Street

$389,000

Price Change
27d
DetachedBungalow-Raised

107 Broadway Street, Welland

Total Monthly Obligation $2,131

Beds
4
Baths
2
Park
5
Sqft
700-1100
DOM
27d
Score
24
Yield
6.2%
Cash on Cash
2.3%
Cap Rate
5.1%
5Y IRR
17.4%
10Y IRR
16.1%
Property Type-Detached
MLS® Number-X13832000
Beds-4
Bathrooms-2
Size-700-1100 sqft
Lot Size-33.33 × 101.3 ft
Listed on site-Sep 26, 2026
Style-Bungalow-Raised
Building Type-Detached
Age-100+
Taxes-$2,243.85 (2025)
Parking-5 - None
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-772 - Broadway
Title-Residential Freehold

No agent assigned

Welcome to 107 Broadway in Welland, an incredible opportunity to own a home for under $400,000 in the growing Niagara Region. Step inside through a bright, welcoming sunroom that leads into an open concept living room and kitchen, filled with natural light. The main floor features 3 bedrooms and a 4-piece bathroom, offering a perfect layout for families, first-time buyers, or downsizers. The basement adds even more versatility with an additional bedroom, 2-piece bathroom, rec room, laundry area, and plenty of storage space. Situated on a desirable corner lot, this property offers parking for up to 5 vehicles, along with a carport that includes added storage space, a rare find at this price point. Located just minutes from the Welland Canal, parks, schools, and everyday amenities, with easy access to Niagara Falls and St. Catharines, this home combines affordability, space, and location. Whether you're searching for a home in Welland under 500k, an investment property in Niagara, or a move-in ready option with room to grow, this one checks the boxes.

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Closing Costs

Mortgage Amount
$311,200
Land Transfer Taxes$4,310
Legal Fees (Est.)
$
Total cash required for closing$83,610

Total Monthly Obligation

$2,131/mo
Mortgage $1,569
Monthly Loss $1,718
Principal$413
Interest$1,156
Property Tax$187
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.9%26
Cash-on-Cash
-4.5%3
5-Year IRR
12.2%51
10-Year IRR
12.3%
Returns Index
26.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
24/ 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
$24,240/yr
NOI
$15,072/yr
Net Cash Flow
-$313/mo
Cash Margin
-15.5%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.8014
LTV Ratio
80.0%18
Vacancy Buffer
4.5 mo77
Risk Index
36.3/ 100

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

Comparables

Properties near 107 Broadway 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.