661 Clare Avenue, Welland

$848,900
661 Clare Avenue

$848,900

New
17d
Semi-Detached 2-Storey

661 Clare Avenue, Welland

Total Monthly Obligation $3,799

HausQ Valuation Report
Beds
5
Baths
4
Park
2
Sqft
1500-2000
DOM
17d
Score
17
Yield
3.4%
Cash on Cash
-6.7%
Cap Rate
3.1%
5Y IRR
10.3%
10Y IRR
10.4%
Property Type-Semi-Detached
MLS® Number-X13868438
Beds-5
Bathrooms-4
Size-1500-2000 sqft
Lot Size-30 × 140 ft
Listed on site-Oct 6, 2026
Style-2-Storey
Building Type-Semi-Detached
Parking-3 - Attached
Basement-Apartment
Heating-Forced Air (Gas)
Brokerage-RE/MAX GARDEN CITY REALTY INC, BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Vinyl Siding, Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Other
Neighbourhood-767 - N. Welland
Title-Residential Freehold

No agent assigned

Modern living in a prime location with easy access to highways and all amenities. Upgrades galore and an impeccably finished legal lower unit. A showstopper sure to impress even the most discerning buyer. Don't miss your chance to make this exquisite property your new address. Still time to customize some options.

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

Closing Costs

Mortgage Amount
$679,120
Land Transfer Taxes$13,453
Legal Fees (Est.)
$
Total cash required for closing$184,733

Total Monthly Obligation

$3,799/mo
Mortgage $3,424
Monthly Loss $2,898
Principal$901
Interest$2,523
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.7%1
5-Year IRR
7.1%19
10-Year IRR
8.3%
Returns Index
10.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$29,040/yr
NOI
$21,636/yr
Net Cash Flow
-$1,621/mo
Cash Margin
-67.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.535
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo41
Risk Index
21.5/ 100

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

Comparables

Properties near 661 Clare 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.

Data is provided courtesy of PropTx.

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Data last updated within the past 24 hours.