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Investment signal

$449,900

14 ALBERT STREET

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Beds

Baths

Sqft

—

Year

—

Type

Multi-family

Suite

Investment signal

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Welland (Welland Downtown). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Duplex with spacious backyard - Ideal investment or owner-occupied opportunity! Discover this well-maintained duplex, perfectly located close to everyday conveniences. Each newly renovated unit features two bedrooms, one full bathroom, a comfortable living room with plenty of natural light and a spacious eat-in kitchen. Separate entrances and utilities for privacy and convenience. Close to amenities - schools, shopping, restaurants and public transit, just minutes away. Ideal for investors: rent both units for consistent income or owner occupants: live in one unit and rent the other. (id:65958)

Subtype: Multi-family
Structure: Duplex
Community: 768 - Welland Downtown
Lot dimensions: 27 x 132 FT
Bedrooms: 4 above grade
Parking: 4 total
Stories: 2
On market: Apr 24, 2026
Status changed: Apr 24, 2026
Annual tax: $2,320 (2025)
Photos: 10
MLS#: X13042106
Area: WELLAND_(WELLAND_DOWNTOWN)

Features and systems

Parking

No Garage

Basement

UnfinishedFull

Appliances

WasherRefrigeratorStoveDryerHood FanWindow Coverings

Heating

Forced airNatural gas

Cooling

None

Exterior

BrickVinyl siding

Foundation

Block

Lot

Carpet Free

Utilities

SewerElectricity

Positive cash flow ~$83/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

1.10%

Cap rate

5.08%

GRM

12.9

Break-even rent

$2,813

Financing

Down payment$89,980

Loan amount$359,920

Mortgage$1,824/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$206

Insurance$80

Maintenance$375

CapEx reserve$187

Vacancy loss$145

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $1,824/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.