967 Clare Avenue, Welland

$661,030
967 Clare Avenue

$661,030

New
9d
Att/Row/Townhouse2-Storey

967 Clare Avenue, Welland

Total Monthly Obligation $3,041

Beds
3
Baths
3
Park
2
Sqft
1500-2000
DOM
9d
Score
21
Yield
4.6%
Cash on Cash
-1.5%
Cap Rate
4.3%
5Y IRR
14.4%
10Y IRR
13.7%
Property Type-Att/Row/Townhouse
MLS® Number-X14034520
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-23 × 98 ft
Listed on site-Oct 14, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Age-New
Taxes-$1 (2026)
Parking-4 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick, Brick Veneer
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-30 Days +
Neighbourhood-767 - N. Welland
Title-Residential Freehold

No agent assigned

Welcome to 967 Clare Avenue in Welland's Harvest Oak community! This beautifully upgraded, brand-new home offers 1,755 square feet of thoughtfully designed living space, featuring 3 bedrooms, a versatile loft, and 3 bathrooms. With an impressive $46,130 in upgrades, this home combines modern style, quality finishes, and everyday functionality - all ready for you to move in! The open-concept main floor creates a seamless flow between the kitchen, dining area, and living room, making it ideal for entertaining and family living. The inviting living room fireplace adds warmth and character, while the upgraded kitchen features quartz countertops, an appliance package, and extended-height upper cabinets for added storage and a polished, contemporary look. A stylish backsplash completes the space. Upstairs, you'll find three well-appointed bedrooms, a versatile loft perfect for a home office, reading nook, or additional living space, and the convenience of second-floor laundry. The primary bedroom offers a private retreat with a walk-in closet and a 3-piece ensuite. Complete with a double-car garage and double-wide driveway, this home offers both comfort and practicality. With its extensive upgrades, modern layout, and move-in-ready convenience, 967 Clare Avenue is an exceptional opportunity to own a brand-new home in a growing Welland community, close to schools, parks, shopping, and everyday amenities.

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

Closing Costs

Mortgage Amount
$528,824
Land Transfer Taxes$9,696
Legal Fees (Est.)
$
Total cash required for closing$143,402

Total Monthly Obligation

$3,041/mo
Mortgage $2,666
Monthly Loss $2,340
Principal$702
Interest$1,965
Property Tax$0
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.5%22
Cash-on-Cash
-6.3%2
5-Year IRR
10.6%39
10-Year IRR
11.0%
Returns Index
20.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$30,600/yr
NOI
$23,039/yr
Net Cash Flow
-$746/mo
Cash Margin
-29.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7211
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo53
Risk Index
27.4/ 100

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

Comparables

Properties near 967 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.

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.