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Investment signal

$999,000

199 PORT CRESCENT

Beds

Baths

4.1

Sqft

—

Year

—

Location

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About this home

Brand-New Semi-Detached Home in One of Welland's Premier Neighbourhoods Welcome to this stunning, semi-detached home in the desirable Dain City community of Welland, thoughtfully designed for modern family living. Situated on a quiet, family-friendly cul-de-sac, this property offers the perfect blend of comfort, convenience, and community, just steps from the Welland Canal, scenic trails, and everyday amenities. The main home features 4 spacious bedrooms plus a loft, 2.5 bathrooms, a bright open-concept layout, and a custom kitchen with contemporary finishes-ideal for both everyday living and entertaining. Upper-level laundry and a single-car garage with inside entry add to the home's functionality. A fully finished legal basement apartment with a separate side entrance includes a private kitchen, living area, 1 bedroom, and separate laundry and pantry room. Currently tenanted, it provides an excellent income-generating opportunity or mortgage support. Prime Location Highlights: Close to Niagara Falls Approx. 20 minutes to Brock University Approx. 15 minutes to Niagara College Approx. 5 minutes to Tim Hortons, Shoppers Drug Mart, and FreshCo Approx. 10 minutes to Seaway Mall Approx. 5 minutes to Highway 406Easy access to schools, parks, and the Welland Canal enhances the overall appeal of this well-located property. A turnkey property combining comfortable living with immediate rental income. Bedrooms, Kitchen and Dining, Living Room, Bathroom and Office Room are Virtually Staged. (id:65958)

Subtype: Single Family
Structure: House
Community: 774 - Dain City
Common interest: Freehold
Lot dimensions: 31 x 108.4 FT
Bedrooms: 4 above grade, 1 below grade
Parking: 2 total
Stories: 2
On market: Apr 14, 2026
Status changed: Apr 19, 2026
Annual tax: $4,566.13
Photos: 17
MLS#: X12997348
Area: WELLAND_(DAIN_CITY)

Features and systems

Parking

Attached GarageGarage

Basement

FinishedN/A

Appliances

RefrigeratorDishwasherStoveDryerMicrowaveWindow CoveringsTwo WashersWater Heater

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Brick

Foundation

Concrete

Negative cash flow ~$1,940/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)2026 default 5.49% — adjust to your rate holdAmortization (years)

Cash on cash

-11.65%

Cap rate

3.56%

GRM

16.6

Break-even rent

$7,042

Financing

Down payment$199,800

Loan amount$799,200

Mortgage$4,903/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$458

Insurance$80

Maintenance$833

CapEx reserve$416

Vacancy loss$250

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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.

Lifestyle nearby

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

Mortgage estimate

Estimated $4,903/mo at 5.49% with 20% down, 25-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 19, 2026.