103 Kilgour Avenue, Welland

$499,900
103 Kilgour Avenue

$499,900

New
24d
DetachedBungalow

103 Kilgour Avenue, Welland

Total Monthly Obligation $2,679

Beds
3
Baths
1
Park
4
Sqft
700-1100
DOM
24d
Score
19
Yield
4.8%
Cash on Cash
-4.2%
Cap Rate
3.7%
5Y IRR
12.2%
10Y IRR
12.0%
Property Type-Detached
MLS® Number-X13838272
Beds-3
Bathrooms-1
Size-700-1100 sqft
Lot Size-62.46 × 120.33 ft
Listed on site-Sep 29, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$3,447.97 (2026)
Parking-6 - Detached
Basement-Unfinished, Separate Entrance, Full
Heating-Forced Air (Gas)
Brokerage-RE/MAX GARDEN CITY REALTY INC, BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick, Aluminum Siding
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-60-89 Days
Neighbourhood-772 - Broadway
Title-Residential Freehold

No agent assigned

Welcome to 103 Kilgour Avenue. This 3 bedroom, 1 bathroom all brick bungalow is in a desirable South Welland location. The front door leads you to a bright & open living room with hardwood flooring throughout (Hardwood under living room carpet). Eat-in kitchen with plenty of cabinets for ample storage. There is a spacious primary bedroom, 2 additional bedrooms and a 4pc bathroom finishing off the main level. Side door entrance leading you to a cozy concrete patio seating area, great for barbecuing or enjoying some outdoor quiet time. The massive backyard space 62' X 120' is great for kids, pets or all your family gatherings. Basement level offering a large rec-room and utility area awaiting your personal touches. This could be perfectly set up for a potential in-law suite or second unit with the separate side entrance. Updates from original include roof, soffits & eve troughs, furnace , A/C, basement waterproofing. Parking for 4 cars available on the property with detached double car garage. The RL1 zoning allowing for 2 units with plenty of room for potential expansion. Located steps away from the recreational canal, perfect for all your outdoor activities such as walking trails, kayaking, paddle boarding, swimming & fishing. Just minutes to all amenities, schools & shopping. A must see to appreciate.

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$
%
%
$
$
$
(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$399,920
Land Transfer Taxes$6,473
Legal Fees (Est.)
$
Total cash required for closing$107,953

Total Monthly Obligation

$2,679/mo
Mortgage $2,016
Monthly Loss $2,148
Principal$531
Interest$1,486
Property Tax$287
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-9.8%1
5-Year IRR
8.0%23
10-Year IRR
9.1%
Returns Index
12.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$24,072/yr
NOI
$13,717/yr
Net Cash Flow
-$873/mo
Cash Margin
-43.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.576
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo62
Risk Index
28.7/ 100

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

Comparables

Properties near 103 Kilgour Avenue

Time

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