$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)
Cash on cash
-11.65%
Cap rate
3.56%
GRM
16.6
Break-even rent
$7,042
Financing
Operating expenses (monthly)
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
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.