422 Welland Avenue, St. Catharines

$375,000
422 Welland Avenue

$375,000

New
9d
DetachedBungalow

422 Welland Avenue, St. Catharines

Total Monthly Obligation $2,114

Beds
3
Baths
2
Park
2
Sqft
700-1100
DOM
9d
Score
41
Yield
8.4%
Cash on Cash
11.4%
Cap Rate
7.0%
5Y IRR
24.8%
10Y IRR
22.4%
Property Type-Detached
MLS® Number-X14034482
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-40 × 120 ft
Listed on site-Oct 14, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$2,715.57 (2025)
Parking-2 - None
Basement-Separate Entrance, Partially Finished
Heating-Forced Air (Gas)
Brokerage-HOMELIFE NEW WORLD REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-445 - Facer
Title-Residential Freehold

No agent assigned

A fully renovated bungalow, R2-zoned, suited for owner-occupiers seeking rental offset or investors seeking a good ROI. ***With a separate entrance to the basement, and existing kitchen and bathroom rough-ins, the lower level can be converted at low cost into a self-contained 2-bedroom, 1-bath suite with its own bathroom and laundry. The main floor and basement, when rented separately, could possibly achieve a combined ROI potentially exceeding 8-10% resulting in an outstanding cash flow performance.***The driveway, with minor repositioning, can accommodate 4 vehicles; the backyard is fully fenced, offering generous space for outdoor activities.***Major 2025-2026 renovations: front and side doors, main-floor windows, eavestroughs and downspouts, exterior and main-floor paint, kitchen cabinets and flooring, stainless steel (interior) dishwasher and range hood, new bathroom, waterproofed basement walls with new laundry area flooring, and a new heat pump A/C. Low overall maintenance costs.***The property is conveniently located near shopping, dining, schools, a hospital, with easy access to the QEW and along public bus routes. This prime location benefits from strong rental demand and proximity to essential amenities, making it a solid long-term investment property. The entire house can also be rented to AAA tenants.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$300,000
Land Transfer Taxes$4,100
Legal Fees (Est.)
$
Total cash required for closing$80,600

Total Monthly Obligation

$2,114/mo
Mortgage $1,513
Monthly Loss $1,716
Principal$398
Interest$1,115
Property Tax$226
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
5.7%46
Cash-on-Cash
3.8%17
5-Year IRR
18.8%89
10-Year IRR
17.8%
Returns Index
51.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeC
41/ 100
Poor•Caution

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$31,560/yr
NOI
$21,188/yr
Net Cash Flow
$253/mo
Cash Margin
9.6%25
Cash Flow Index
25.4/ 100
Risk Profile
Weight: 20%
DSCR
1.1742
LTV Ratio
80.0%18
Vacancy Buffer
4.5 mo76
Risk Index
45.4/ 100

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

Comparables

Properties near 422 Welland Avenue

Time

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