42 Carlton Avenue, Welland

$1,119,990
42 Carlton Avenue

$1,119,990

New
25d
DetachedBungalow

42 Carlton Avenue, Welland

Total Monthly Obligation $5,331

Beds
4
Baths
3
Park
4
Sqft
1500-2000
DOM
25d
Score
15
Yield
3.4%
Cash on Cash
-9.0%
Cap Rate
2.7%
5Y IRR
8.5%
10Y IRR
9.1%
Property Type-Detached
MLS® Number-X13837090
Beds-4
Bathrooms-3
Size-1500-2000 sqft
Lot Size-59.06 × 120 ft
Listed on site-Sep 28, 2026
Style-Bungalow
Building Type-Detached
Age-6-15
Taxes-$5,260 (2025)
Parking-6 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Brick, Stone
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Septic
Possession-Flexible
Neighbourhood-767 - N. Welland
Title-Residential Freehold

No agent assigned

A custom-built home that doesn't look like everything else. Built in 2020 and set in one of Welland's sought-after areas, 42 Carlton Avenue combines clean modern design with thoughtful, comfortable living. The main level features an impressive open-concept kitchen, dining and living space, anchored by a large island, high-end finishes and a striking fireplace feature. Four bedrooms and three bathrooms provide plenty of room for family, guests or a home office. The finished basement adds even more versatility with a second kitchen and generous living space. Outside, the property really sets itself apart. A beautifully landscaped backyard creates a private retreat with multiple entertaining areas, while the separate heated and air-conditioned bunkie offers an ideal guest room, office, studio or whatever space you need it to be. A newer custom home, great design, exceptional outdoor space and a location that puts you close to everything Welland has to offer - this is one worth seeing in person. RSA.

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Closing Costs

Mortgage Amount
$895,992
Land Transfer Taxes$18,875
Legal Fees (Est.)
$
Total cash required for closing$244,373

Total Monthly Obligation

$5,331/mo
Mortgage $4,518
Monthly Loss $4,142
Principal$1,189
Interest$3,329
Property Tax$438
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.5%0
5-Year IRR
5.8%13
10-Year IRR
7.3%
Returns Index
8.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$37,632/yr
NOI
$24,109/yr
Net Cash Flow
-$2,509/mo
Cash Margin
-80.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.444
LTV Ratio
80.0%18
Vacancy Buffer
1.8 mo28
Risk Index
16.7/ 100

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

Comparables

Properties near 42 Carlton Avenue

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.