$ 649.900

88 Gram Avenue, Welland

35 Photos

Cold room - 88 Gram Avenue, Welland, ON L3C1H6 Photo 2

Other - 88 Gram Avenue, Welland, ON L3C1H6 Photo 3

Kitchen - 88 Gram Avenue, Welland, ON L3C1H6 Photo 4

4pc Bathroom - 88 Gram Avenue, Welland, ON L3C1H6 Photo 5

Recreation room - 88 Gram Avenue, Welland, ON L3C1H6 Photo 6

Bedroom - 88 Gram Avenue, Welland, ON L3C1H6 Photo 7

Bedrooms: 5
Bathrooms: 2
Living area: 1019 square feet

MLS®: h4190726
Type: Residential
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

Sewer: Municipal sewage system
Cooling: Central air conditioning
Heating: Forced air, Natural gas
Stories: 1
Tax Year: 2023
Basement: Finished, Full
Directions: URBAN
Living Area: 1019
Lot Features: Paved driveway, No Pet Home
Photos Count: 35
Water Source: Municipal water
Parking Total: 5
Bedrooms Total: 5
Structure Type: House
Common Interest: Freehold
Parking Features: No Garage
Tax Annual Amount: 3214
Exterior Features: Aluminum siding, Vinyl siding
Building Area Total: 1019
Foundation Details: Poured Concrete
Lot Size Dimensions: 51.8 x 118.05
Architectural Style: Bungalow

Features

Other: Foundation: Poured Concrete, Laundry Access: Shared
Cooling: AC Type: Central Air
Heating: Gas, Forced Air
Lot Features: Urban
Extra Features: Area Features: Hospital, Library, Place of Worship, Public Transit, Schools
Interior Features: Kitchens: 2, 1 above grade, 1 below grade, 2 4-Piece Bathrooms
Sewer/Water Systems: Sewers: Sewer

Room Dimensions

Type	Level	Dimensions
Utility room	Basement	11' '' x 7' ''
Cold room	Basement	9' '' x 3' ''
Other	Basement	20' '' x 5' ''
Kitchen	Basement	7' '' x 7' ''
4pc Bathroom	Basement
Recreation room	Basement	8' 6'' x 15' ''
Bedroom	Basement	10' '' x 10' 4''
Bedroom	Basement	9' 8'' x 10' ''
4pc Bathroom	Ground level
Dining room	Ground level	15' '' x 10' ''
Bedroom	Ground level	10' 7'' x 8' 9''
Bedroom	Ground level	10' 7'' x 10' 8''
Primary Bedroom	Ground level	10' 11'' x 10' 7''
Living room	Ground level	16' 4'' x 13' ''
Kitchen	Ground level	8' 4'' x 10' ''

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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 Avenue 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 Avenue 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 Avenue. 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

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