96 Shoreview Drive, Welland

$919,000
96 Shoreview Drive

$919,000

New
15d
Detached2-Storey

96 Shoreview Drive, Welland

Total Monthly Obligation $4,990

Beds
4
Baths
4
Park
4
Sqft
2500-3000
DOM
15d
Score
15
Yield
4.0%
Cash on Cash
-9.7%
Cap Rate
2.5%
5Y IRR
8.0%
10Y IRR
8.7%
Property Type-Detached
MLS® Number-X13878692
Beds-4
Bathrooms-4
Size-2500-3000 sqft
Lot Size-45 × 114.57 ft
Listed on site-Oct 8, 2026
Style-2-Storey
Building Type-Detached
Taxes-$10,896 (2025)
Parking-6 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE SIGNATURE REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick, Concrete
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-766 - Hwy 406/Welland
Title-Residential Freehold

No agent assigned

THE WELLAND CANAL MASTERPIECE! Discover an exceptional residence where sophisticated living meets breathtaking waterfront views. Situated on an elite lot with a permanent, picturesque view of the Welland Canal, this remarkable 2,686 sq. ft. home offers an extraordinary opportunity to enjoy waterfront-inspired living from all three levels.Designed for both elegant entertaining and everyday family living, the open-concept main floor features 9-ft ceilings, two spacious living areas, a formal dining room, and expansive windows perfectly positioned to capture the ever-changing canal scenery, including ships passing by. The chef-inspired kitchen showcases granite countertops, premium cabinetry, a large centre island, and a professional-style hood, creating the perfect setting for memorable gatherings.With approximately $100,000 spent on this lot, this home combines luxury, functionality, and thoughtful design throughout. Enjoy large-format modern tiles and luxury vinyl flooring, complemented by quality finishes throughout the upper level.The home features 4 bedrooms and 4 bathrooms, including a impressive primary retreat with a 5 pc ensuite, complete with a walk-in closet.The walk-out basement provides exceptional additional space and future potential, with direct access to the backyard and canal-facing setting. Whether used for storage, recreation, a future finished living area, or customized to suit your family's needs, the walk-out design adds tremendous versatility to the home.Step outside and experience the rare lifestyle this property provides, a peaceful "cottage in the city" atmosphere with the Welland Canal as your backdrop. Watch ships cruise by from the comfort of your own home while enjoying the privacy and scale of this premium lot.Conveniently located just minutes from Hwy 406, Seaview Mall, WalMart, restaurants, Costco, schools, and everyday amenities, this is waterfront lifestyle and a rare opportunity to own a canal-view home.

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

Closing Costs

Mortgage Amount
$735,200
Land Transfer Taxes$14,855
Legal Fees (Est.)
$
Total cash required for closing$200,155

Total Monthly Obligation

$4,990/mo
Mortgage $3,707
Monthly Loss $4,015
Principal$975
Interest$2,732
Property Tax$908
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.9%11
Cash-on-Cash
-13.7%0
5-Year IRR
5.0%11
10-Year IRR
6.8%
Returns Index
6.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$36,504/yr
NOI
$17,458/yr
Net Cash Flow
-$2,252/mo
Cash Margin
-74.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.393
LTV Ratio
80.0%18
Vacancy Buffer
1.9 mo30
Risk Index
17.1/ 100

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

Comparables

Properties near 96 Shoreview Drive

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.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.