350 Prince Charles Drive 326, Welland

$399,000
350 Prince Charles Drive 326

$399,000

New
18d
Condo ApartmentApartment

350 Prince Charles Drive 326, Welland

Total Monthly Obligation $1,809

Bed+Den
2+1
Baths
1
Park
1
Sqft
600-699
DOM
18d
Score
20
Yield
3.5%
Cash on Cash
-6.4%
Cap Rate
3.2%
5Y IRR
10.6%
10Y IRR
10.7%
Property Type-Condo Apartment
MLS® Number-X13866746
Bed+Den-2+1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 5, 2026
Style-Apartment
Building Type-Condo Apartment
Locker-Owned
Parking-1 - None
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX GARDEN CITY REALTY INC, BROKERAGE
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Other
Possession-Flexible
Neighbourhood-769 - Prince Charles
Title-Residential Condo & Other

No agent assigned

Brand-New waterfront living. Efficiently designed bright 1+1 bedroom suite offering top-of-the-line finishes and a functional open-concept layout. Combined living, dining, and kitchen space flows seamlessly, while the bedroom offers glass rolling doors to a comfortable retreat. Includes in-suite laundry, one parking space, and locker. Spacious covered private balcony, perfect for morning coffee or evening cocktails. Waterfront community situated minutes to everything the Niagara Region has to offer.

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

Closing Costs

Mortgage Amount
$319,200
Land Transfer Taxes$4,460
Legal Fees (Est.)
$
Total cash required for closing$85,760

Total Monthly Obligation

$1,809/mo
Mortgage $1,609
Monthly Loss $1,386
Principal$424
Interest$1,186
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.8%1
5-Year IRR
7.0%18
10-Year IRR
8.2%
Returns Index
10.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$13,848/yr
NOI
$10,063/yr
Net Cash Flow
-$771/mo
Cash Margin
-66.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.525
LTV Ratio
80.0%18
Vacancy Buffer
5.4 mo87
Risk Index
36.7/ 100

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

Comparables

Properties near 350 Prince Charles Drive 326

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.