Lot 77 Ava Street, Welland

$744,900
Lot 77 Ava Street

$744,900

New
18d
DetachedBungalow-Raised

Lot 77 Ava Street, Welland

Total Monthly Obligation $3,380

Beds
3
Baths
1
Park
2
Sqft
1100-1500
DOM
18d
Score
18
Yield
3.8%
Cash on Cash
-5.1%
Cap Rate
3.5%
5Y IRR
11.5%
10Y IRR
11.4%
Property Type-Detached
MLS® Number-X13861372
Beds-3
Bathrooms-1
Size-1100-1500 sqft
Lot Size-32 × 96 ft
Listed on site-Oct 5, 2026
Style-Bungalow-Raised
Building Type-Detached
Age-New
Parking-4 - Attached
Basement-Full
Heating-Forced Air (Gas)
Brokerage-Century 21 Heritage House LTD
Cooling-None
Laundry-No
Fireplace-No
Pool-Other
Facing-East
Exterior-Brick Veneer, Vinyl Siding
Roof-Fibreglass Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Other
Neighbourhood-767 - N. Welland
Title-Residential Freehold

No agent assigned

Take advantage of no HST on new construction homes before March 31,Welcome to Riverbend Grove - One of Welland's newest communities. The AURORA model is a beautifully designed 1,356 sq. ft. raised bungalow. This thoughtfully planned 3-bedroom, 2-bath new construction home offers an ideal combination of modern comfort, functionality and low-maintenance single-level living. Perfect for first-time buyers, downsizers, retirees or anyone looking for a brand-new home in a convenient Welland location. The bright, open-concept layout creates an inviting flow between the kitchen, dining and living areas, making everyday living and entertaining effortless. The spacious primary bedroom offers a comfortable retreat with 4-piece ensuite, while the second bedroom provides flexibility for guests, a home office or additional living space. High ceilings add to the home's sense of space and light. Main floor laundry makes this true bungalow living, Bonus rough-in in the basement for future development. Make your home uniquely yours with the ability to select your finishes and personalize your interior, along with your choice of Modern, Traditional or Farmhouse exterior elevation. A range of great-value upgrades and features are available to further customize your new home. For added flexibility and investment potential, ADU options are available on select models, subject to City of Welland approvals and applicable requirements. Located in North Welland, Riverbend Grove is close to shopping, restaurants, new school, parks, recreation and everyday amenities. New Longo's plaza within walking distance, offering exceptional convenience for groceries, dining & daily essentials. Easy access to major highways, connecting you to the GTA& Niagara Region. Ask about available buyer incentives and current builder offerings. Book your appointment today to visit our model home. View the many plans avail. This price is for first15 purchases only. This is a premium lot add $20,000 to list price.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$595,920
Land Transfer Taxes$11,373
Legal Fees (Est.)
$
Total cash required for closing$161,853

Total Monthly Obligation

$3,380/mo
Mortgage $3,005
Monthly Loss $2,589
Principal$791
Interest$2,214
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.4%1
5-Year IRR
8.1%24
10-Year IRR
9.0%
Returns Index
13.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$28,320/yr
NOI
$20,988/yr
Net Cash Flow
-$1,256/mo
Cash Margin
-53.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.586
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo47
Risk Index
24.0/ 100

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

Comparables

Properties near Lot 77 Ava 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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Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

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Data last updated within the past 24 hours.