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Bedrooms: 5
-
Bathrooms: 2
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MLS®: x8231238
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Type: Residential
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Added: 19 days ago
Property Details
Opportunity knocks! Perfect property for first-time home buyers & investors. 5.14% cap rate! Detached bungalow located near Niagara College, less than 5mins walk from front door to the classroom. Minutes To Bus Routes, Seaway mall, Shopping, restaurants, hwy 406 & more. This home offers 5 bedrooms, 2 kitchens, 2 full bathrooms, shared laundry facilities, & totally separated entrance to the basement. It has been fully updated & requires nothing to do! This property is sure to impress. Some of the updates are as follows, Roof 2016, Furnace 2016, Hot water tank owned 2016, Most windows 2016, Electrical is copper, Plumbing abs & copper. The soffits, eves and facia were replaced in 2021 and the Central Air is 2021. Current gross rent of $3,750 per month, with vacant possession possibility. (id:1945)
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Property Information
- Cooling: Central air conditioning
- Heating: Forced air, Natural gas
- Stories: 1
- Basement: Finished, Separate entrance, N/A
- Photos Count: 35
- Parking Total: 3
- Bedrooms Total: 5
- Structure Type: House
- Common Interest: Freehold
- Tax Annual Amount: 3214
- Exterior Features: Aluminum siding, Vinyl siding
- Lot Size Dimensions: 51.8 x 118.05 FT
- Architectural Style: Bungalow
Room Dimensions
Type |
Level |
Dimensions |
Kitchen |
Main level |
|
Living room |
Main level |
|
Primary Bedroom |
Main level |
|
Bedroom |
Main level |
|
Bedroom |
Main level |
|
Dining room |
Main level |
|
Bedroom |
Basement |
|
Bedroom |
Basement |
|
Recreational, Games room |
Basement |
|
Kitchen |
Basement |
|
Cold room |
Basement |
|
Utility room |
Basement |
|
|
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been licensed by REALTOR® members of The Canadian Real
Estate
Association |
Nearby Places
Name |
Type |
Address |
Distance |
Seaway Mall |
Shopping mall |
800 Niagara St |
0.5 km |
Seaway Mall |
The mall has 500,000 square feet (46,000 m2) of sp... |
|
0.5 km |
Welland Stadium |
The ballpark has a capacity of 2,500 people and wa... |
|
1.4 km |
Notre Dame College School |
In the early years of the establishment, tuition w... |
|
1.5 km |
District School Board of Niagara |
School |
240 Thorold Rd |
1.5 km |
Welland Centennial Secondary School |
The school mascot is the Cougar and the school col... |
|
1.5 km |
École élémentaire Nouvel Horizon |
École élémentaire Nouvel-Horizon is a French first... |
|
2.3 km |
Welland (provincial electoral district) |
A new riding of Niagara Centre was created before ... |
|
2.3 km |
Welland Canal, bridge 13 |
The bridge crosses an abandoned portion of the Wel... |
|
2.3 km |
Main Street Tunnel |
The structure was built as a part of the Welland B... |
|
3.6 km |
Welland |
Within a half-hour or less, residents can travel t... |
|
3.6 km |
École élémentaire Champlain |
It serves the French population of the Niagara Reg... |
|
4.0 km |
Similar Houses Stat in Welland
We have found 6 Houses that closely match the specifications of the property located at 88 Gram Ave with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 699,000 and 899,990, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the L3C1H6 postal code area of Welland Ontario Canada.
88 Gram Ave mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 88 Gram Ave. The current price of the property is $649,900, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $519,920. This would result in a monthly mortgage payment of $3,039 over a 25-year amortization period.
Demographic Information
Neighbourhood Education
Bachelor's degree
|
75
|
University / Below bachelor level
|
15
|
Certificate of Qualification
|
10
|
College
|
90
|
University degree at bachelor level or above
|
75
|
Neighbourhood Marital Status Stat
Married
|
190
|
Widowed
|
15
|
Divorced
|
20
|
Separated
|
15
|
Never married
|
80
|
Living common law
|
25
|
Married or living common law
|
220
|
Not married and not living common law
|
130
|
Neighbourhood Construction Date
1961 to 1980
|
15
|
1981 to 1990
|
75
|
1991 to 2000
|
15
|
2001 to 2005
|
10
|
1960 or before
|
40
|