715 South Pelham Road, Welland

$499,900
715 South Pelham Road

$499,900

New
15d
DetachedBungaloft

715 South Pelham Road, Welland

Total Monthly Obligation $2,765

Beds
2
Baths
1
Park
4
Sqft
1100-1500
DOM
15d
Score
19
Yield
5.2%
Cash on Cash
-3.2%
Cap Rate
3.9%
5Y IRR
13.0%
10Y IRR
12.6%
Property Type-Detached
MLS® Number-X13876738
Beds-2
Bathrooms-1
Size-1100-1500 sqft
Lot Size-67.4 × 672.73 ft
Listed on site-Oct 8, 2026
Style-Bungaloft
Building Type-Detached
Taxes-$4,478.4 (2026)
Parking-6 - Carport
Basement-Partial Basement
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE REAL ESTATE SERVICES PHINNEY REAL EST
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Aluminum Siding
Roof-Metal
Foundation-Concrete Block
Sewer-Sewer
Possession-30-59 days
Neighbourhood-770 - West Welland
Title-Residential Freehold

No agent assigned

Welcome to 715 South Pelham Road, a truly unique property offering comfortable living today with exciting possibilities for the future. Set on an exceptionally expansive 67 x 673 ft lot, this property offers a rare amount of land, privacy, and flexibility in a convenient Welland location.The main home features 2 bedrooms and 1 full bathroom, along with a versatile bonus loft area that can be used for additional storage, a quiet reading space, home office, or hobby area. The layout offers a comfortable foundation while leaving plenty of opportunity to personalize the home to suit your lifestyle.The real opportunity lies outside. With approximately 673 feet of lot depth, the property provides an extraordinary amount of space to enjoy today while offering tremendous potential for the future. Imagine expansive gardens, recreational areas, outdoor entertaining spaces, additional hobby areas, or simply enjoying the privacy and freedom that comes with having so much land. For those with a vision, this is a property where the possibilities are worth exploring. Adding to the property's versatility is a detached den with heat, hydro, and a full bathroom, providing a practical space for a home office, workshop, studio, or private retreat. Whether you're looking for room to grow, space for your hobbies and lifestyle, or a property with long-term potential, 715 South Pelham Road offers something increasingly difficult to find: a comfortable home paired with an exceptionally large parcel of land. Located in Welland, with convenient access to local amenities, schools, shopping, parks, and major roadways, this is an opportunity to enjoy the best of both convenience and space. Come see the possibilities for yourself. The home is inviting, but the land is what truly sets this property apart.

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(utilities, internet...)
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%
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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

$2,765/mo
Mortgage $2,016
Monthly Loss $2,234
Principal$531
Interest$1,486
Property Tax$373
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-8.9%1
5-Year IRR
8.7%27
10-Year IRR
9.6%
Returns Index
14.7/ 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
$26,196/yr
NOI
$14,598/yr
Net Cash Flow
-$800/mo
Cash Margin
-36.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo59
Risk Index
28.2/ 100

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

Comparables

Properties near 715 South Pelham Road

Time

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Data last updated within the past 24 hours.