333 Simpson Avenue, Welland

$359,900
333 Simpson Avenue

$359,900

New
4d
DetachedBungalow

333 Simpson Avenue, Welland

Total Monthly Obligation $2,041

Beds
2
Baths
2
Park
6
Sqft
700-1100
DOM
4d
Score
26
Yield
6.8%
Cash on Cash
4.1%
Cap Rate
5.5%
5Y IRR
18.9%
10Y IRR
17.3%
Property Type-Detached
MLS® Number-X14094890
Beds-2
Bathrooms-2
Size-700-1100 sqft
Lot Size-40.1 × 100.37 ft
Listed on site-Oct 19, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$2,576.07 (2026)
Parking-7 - Detached
Basement-Full, Partially Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick Front, Stucco (Plaster)
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-773 - Lincoln/Crowland
Title-Residential Freehold

No agent assigned

Welcome Home to 333 Simpson Avenue in Welland! Move-in ready, beautifully maintained, and packed with potential, this charming bungalow offers the perfect blend of comfort, functionality, and value. From the moment you arrive, the impressive curb appeal and generous paved parking immediately make a great first impression, with space for up to 6 vehicles and a convenient double-wide driveway. One of the property's true standout features is the fully insulated detached garage, complete with hydro, concrete flooring, and an automatic garage door. Step inside and discover a bright, inviting open-concept main floor where the kitchen, dining, and living areas flow seamlessly together - ideal for entertaining and everyday living. An abundance of natural light fills the home with loads of windows throughout. The main floor also features two comfortable bedrooms and a beautifully renovated full bathroom (2026). Downstairs, the full basement with a side entrance provides even more possibilities. You'll find a laundry area, utility room with a new furnace (2023), an additional full bathroom, and plenty of space to create an extra bedroom or recreation room. Located close to schools, amenities, shopping, and public transit, this home is ideally situated for convenience while offering the space and flexibility you've been looking for.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$287,920
Land Transfer Taxes$3,874
Legal Fees (Est.)
$
Total cash required for closing$77,354

Total Monthly Obligation

$2,041/mo
Mortgage $1,452
Monthly Loss $1,659
Principal$382
Interest$1,070
Property Tax$215
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.2%29
Cash-on-Cash
-3.2%4
5-Year IRR
13.3%59
10-Year IRR
13.2%
Returns Index
30.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
26/ 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
$24,504/yr
NOI
$14,978/yr
Net Cash Flow
-$204/mo
Cash Margin
-10.0%1
Cash Flow Index
0.7/ 100
Risk Profile
Weight: 20%
DSCR
0.8617
LTV Ratio
80.0%18
Vacancy Buffer
4.7 mo79
Risk Index
38.2/ 100

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

Comparables

Properties near 333 Simpson 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.

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Data last updated within the past 24 hours.