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Investment signal

$999,000

199 PORT CRESCENT

Beds

5

Baths

4.1

Sqft

Year

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
MLS#
X12997348
Area
WELLAND_(DAIN_CITY)
Negative cash flow ~$1,940/mo at these assumptions

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.

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.

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