808 Southworth Street S, Welland

$225,000
808 Southworth Street S

$225,000

New
6d
DetachedBungalow

808 Southworth Street S, Welland

Total Monthly Obligation $1,528

Beds
2
Baths
1
Park
3
Sqft
1100-1500
DOM
6d
Score
64
Yield
11.5%
Cash on Cash
21.3%
Cap Rate
9.2%
5Y IRR
33.1%
10Y IRR
29.8%
Property Type-Detached
MLS® Number-X14091722
Beds-2
Bathrooms-1
Size-1100-1500 sqft
Lot Size-48 × 98 ft
Listed on site-Oct 17, 2026
Style-Bungalow
Building Type-Detached
Taxes-$2,947 (2025)
Parking-4 - Detached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-SOLID ROCK REALTY
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Aluminum Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-773 - Lincoln/Crowland
Title-Residential Freehold

No agent assigned

Attention investors, renovators, and flippers! Incredible opportunity to own one of the lowest-priced home in all of Welland! This detached bungalow offers 2 bedrooms, 1 bathroom and is a true blank canvas ready for your vision. The main level holds both bedrooms and a 4-piece bathroom as well as large principle rooms providing a functional layout for future redesign or expansion. Ideal for a full renovation or complete makeover, this home offers tremendous upside potential. Whether you're looking to rent, renovate or create your own space, this property holds endless possibilities and potential. Centrally located and nestled on a quiet street, this property is located close to schools, transit, and all amenities. Don't miss your chance to transform this fixer-upper into your next profitable project! Taxes estimated as per city's website. Property is being sold under Power of Sale. Sold as is, where is. RSA

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$180,000
Land Transfer Taxes$1,975
Legal Fees (Est.)
$
Total cash required for closing$48,475

Total Monthly Obligation

$1,528/mo
Mortgage $908
Monthly Loss $1,289
Principal$239
Interest$669
Property Tax$246
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
7.0%63
Cash-on-Cash
10.2%51
5-Year IRR
24.3%98
10-Year IRR
22.6%
Returns Index
71.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeB
64/ 100
Fair•Hold / Negotiate

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

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$25,836/yr
NOI
$15,805/yr
Net Cash Flow
$410/mo
Cash Margin
19.0%69
Cash Flow Index
69.1/ 100
Risk Profile
Weight: 20%
DSCR
1.4569
LTV Ratio
80.0%18
Vacancy Buffer
6.1 mo92
Risk Index
59.9/ 100

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

Comparables

Properties near 808 Southworth Street S

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.

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Data last updated within the past 24 hours.