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For Sale · Welland · Single Family
$399,900
About This Home
High-Yield Potential in the Heart of Welland Attention investors and house-hackers! This solid-brick 2½-storey home at 28 Grove St offers an opportunity to build equity in a growing market. Currently configured as a duplex, this property features a 1-bedroom, 1-bath unit on the main floor and a sprawling upper unit with a flexible layout capable of accommodating up to 4 bedrooms. The building is rich with original character—think solid wood trim, pocket doors, and classic fireplace mantels—providing the perfect canvas for a modern renovation. With two hydro meters already in place, one gas meter, and a mix of on-lot and street parking, the infrastructure for a high-performing rental is here. Property sold AS IS, making it the perfect project for those looking to add significant value. Roof replaced 2023 (id:66635)
Summarizing the highlights...
Property Details
July Value
Calculating a July Value estimate...
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My Notes
Location
Run The Numbers
Monthly mortgage payment
$1,870
$319,920 financed over 25 years at 5%. For guidance only, not a quote or approval.
Monthly cost (mortgage + tax + maintenance)
$1,870
Cash flow
-$1,870
Estimates for education only. Talk to a JULY advisor for real numbers on this home.
Welland right now
Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.
The Neighbourhood
Household and demographic stats for Welland, from the Statistics Canada 2021 Census.
The immediate block around this home (right here): about 516 residents in 284 homes, 2,820 people/km² (urban).
Source: Statistics Canada 2021 Census, Welland, City, Ontario; block-level figures from dissemination area 35260152.
Schools
K-12 schools closest to this home, with straight-line distances.
Pope Francis Catholic Elementary School
catholic · elementary
Pope Francis Catholic Secondary School
catholic · secondary
Plymouth Public School
public · elementary
Notre Dame College School
catholic · secondary
St Mary Catholic Elementary School
catholic · elementary
Ross Public School
public · elementary
Source: Statistics Canada, Open Database of Educational Facilities. Distances are straight-line, not walking routes. Catchment boundaries change; always confirm with the school district.
Similar Homes
Rental Market
Active rentals close to this home, for rent-versus-buy context and investors sizing up cash flow.
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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.
Price on request / month
130 - 350 PRINCE CHARLES DRIVE S, Welland (Broadway)
1 bed · 1 bath