16 Achilles Avenue, Welland

$395,000
16 Achilles Avenue

$395,000

Price Change
26d
DetachedBungalow

16 Achilles Avenue, Welland

Total Monthly Obligation $2,170

HausQ Valuation Report
Beds
3
Baths
1
Park
4
Sqft
700-1100
DOM
26d
Score
23
Yield
6.0%
Cash on Cash
1.2%
Cap Rate
4.8%
5Y IRR
16.5%
10Y IRR
15.4%
Property Type-Detached
MLS® Number-X13838020
Beds-3
Bathrooms-1
Size-700-1100 sqft
Lot Size-40 × 117.5 ft
Listed on site-Sep 27, 2026
Style-Bungalow
Building Type-Detached
Taxes-$2,415 (2025)
Parking-5 - Detached
Basement-Crawl Space, Unfinished, Partial Basement
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-Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-773 - Lincoln/Crowland
Title-Residential Freehold

No agent assigned

This 3-bedroom bungalow offers comfortable living in a quiet, mature neighbourhood close to schools, shopping, parks, transit, and all amenities. The spacious living room provides plenty of room to relax while the eat-in kitchen offers a practical space for everyday family meals.Numerous updates provide peace of mind, including the furnace, front door, living room window, roof, siding, and front porch (2018). Kitchen and bedroom windows were updated in 2010.Outside, enjoy a fully fenced yard offering a great space for children and pets to play or simply relax and enjoy added privacy. A deep, single-car detached garage provides excellent parking and storage, complete with hydro and gas service. A great opportunity for first-time buyers, downsizers, or investors looking for a home in a convenient, established neighbourhood

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$316,000
Land Transfer Taxes$4,400
Legal Fees (Est.)
$
Total cash required for closing$84,900

Total Monthly Obligation

$2,170/mo
Mortgage $1,593
Monthly Loss $1,750
Principal$419
Interest$1,174
Property Tax$201
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.7%24
Cash-on-Cash
-5.5%2
5-Year IRR
11.4%45
10-Year IRR
11.7%
Returns Index
23.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$23,748/yr
NOI
$14,458/yr
Net Cash Flow
-$388/mo
Cash Margin
-19.6%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7612
LTV Ratio
80.0%18
Vacancy Buffer
4.4 mo76
Risk Index
35.3/ 100

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

Comparables

Properties near 16 Achilles 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.