$995,900
58 GRIFFITH STREET
Beds
6
Baths
5 full + 1 half
Sqft
—
Year
—
Type
Single Family
Suite
Investment signal
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
New, large legal duplex. Upper unit has 3 large bedrooms plus den, large open concept kitchen, dining room and living room. Lower unit has 3 large bedrooms plus den, open concept kitchen and living room. Each unit has independent HVAC and on demand water heater. Water is metered for each unit. Produces $4400 per month, tenants pay all bills. Concrete driveway and walk way, large backyard. Lower level only 4' below ground with 9' ceilings. (id:65958)
- Subtype
- Single Family
- Architectural style
- Raised bungalow
- Structure
- House
- Community
- 768 - Welland Downtown
- Common interest
- Freehold
- Lot dimensions
- 33 x 132 FT
- Bedrooms
- 6 above grade
- Parking
- 3 total
- Stories
- 1
- On market
- Feb 13, 2026
- Status changed
- Apr 21, 2026
- Annual tax
- $3,365
- Zoning
- RL2
- Photos
- 31
- MLS#
- X12785422
- Area
- WELLAND_(WELLAND_DOWNTOWN)
Features and systems
Parking
Basement
Appliances
Heating
Cooling
Exterior
Foundation
Lot
Cash on cash
-6.58%
Cap rate
3.55%
GRM
16.7
Break-even rent
$6,124
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: 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
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 21, 2026.