66 Alvira Trail, Welland

$1,185,000
66 Alvira Trail

$1,185,000

New
16d
DetachedBungalow

66 Alvira Trail, Welland

Total Monthly Obligation $5,302

Beds
4
Baths
3
Park
2
Sqft
1500-2000
DOM
16d
Score
16
Yield
3.4%
Cash on Cash
-7.3%
Cap Rate
3.0%
5Y IRR
9.8%
10Y IRR
10.1%
Property Type-Detached
MLS® Number-X13871722
Beds-4
Bathrooms-3
Size-1500-2000 sqft
Lot Size-40.03 × 121.39 ft
Listed on site-Oct 7, 2026
Style-Bungalow
Building Type-Detached
Age-0-5
Taxes-$1,768 (2026)
Parking-4 - Attached
Basement-Full, Partially Finished
Heating-Forced Air (Gas)
Brokerage-EXP REALTY
Cooling-Central Air
Laundry-No
Fireplace-Electric
Pool-None
Facing-East
Exterior-Stucco (Plaster), Brick Veneer
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-30-59 days
Neighbourhood-766 - Hwy 406/Welland
Title-Residential Freehold

No agent assigned

This is what happens when you take an already impressive Lucchetta-built bungalow and put nearly $150,000 into upgrades. Welcome to 66 Alvira Trail in WaterCrest at Hunters Pointe, a beautifully finished Brock 2 model offering 1,843 sq. ft. on the main floor PLUS a professionally finished basement. Built just one year ago, this home has already had the work done for you. Hardwood flooring runs through the great room, bedrooms, and den, complemented by oversized tile, extensive pot lighting, and a white oak staircase with clear glass railings. The kitchen is a standout, with cabinetry extended to the ceiling, an oversized island with thick quartz edging, high-end Bosch appliances, undercabinet lighting, a tiled backsplash and plenty of smart storage. Just off the kitchen is a large walk-in pantry with built-in shelving, adding even more functional storage without compromising the space's clean look. An upgraded electric fireplace anchors the great room, while the primary suite features heated ensuite floors, impressive 30" x 30" tile, an upgraded tiled shower and a quartz ledge. The finished lower level dramatically expands the living space and includes a 4th bedroom and 3-piece bathroom, giving you flexibility for overnight guests, entertaining, hobbies or simply more room to enjoy. Outside, an aggregate concrete driveway and walkway, covered rear porch and extended 8' patio door continue the upgrades. Then add everything Hunters Pointe is known for: indoor pool, fitness centre, tennis, pickleball, walking and biking trails, plus landscaping and snow removal. If your next chapter is about less maintenance, more time for yourself, and an active community to enjoy it with, 66 Alvira Trail is ready to welcome you home!

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

Closing Costs

Mortgage Amount
$948,000
Land Transfer Taxes$20,175
Legal Fees (Est.)
$
Total cash required for closing$258,675

Total Monthly Obligation

$5,302/mo
Mortgage $4,780
Monthly Loss $4,044
Principal$1,258
Interest$3,522
Property Tax$147
Home Insurance$125
Variable Costs$250
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
10.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$40,116/yr
NOI
$29,836/yr
Net Cash Flow
-$2,294/mo
Cash Margin
-68.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.525
LTV Ratio
80.0%18
Vacancy Buffer
1.8 mo28
Risk Index
17.2/ 100

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

Comparables

Properties near 66 Alvira Trail

Time

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Data last updated within the past 24 hours.