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Investment signal

$1,999,900

970 CARL ROAD

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Beds

Baths

Sqft

—

Year

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Type

Agriculture

Suite

Investment signal

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Location nearby

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

About this home

ATTENTION BUILDERS & INVESTORS! 50+ ACRES OF CLEAR, PRIME NIAGARA LAND - An exceptional investment opportunity featuring 1,327 feet of frontage in one of the region's fastest-growing corridors. This expansive parcel is ideally positioned next to a golf course, close to major shopping, and minutes from the new South Niagara Falls Hospital currently under development. Quick access to highways makes this an outstanding location for future growth. The property includes an updated 4-bedroom home along with multiple out-buildings, including a barn/stable and quon set hut, offering versatility for various uses. Well and is one of Niagara's strongest real estate markets, experiencing significant residential and commercial expansion, with thousands of new homes underway. This is an extraordinary opportunity to secure a large tract of land in a highly desirable, rapidly developing area. Perfect for developers, builders, and long-term investors. Act now-opportunities like this do not last. (id:65958)

Subtype: Agriculture
Community: 765 - Cooks Mills
Lot dimensions: 1327.6 x 1667.4 FT
Bedrooms: 4 above grade, 1 below grade
Parking: 12 total
Stories: 2
On market: Apr 23, 2026
Status changed: Apr 23, 2026
Annual tax: $2,500 (2026)
Zoning: Agriculture
Photos: 47
MLS#: X13036162
Area: WELLAND_(COOKS_MILLS)

Features and systems

Parking

Detached GarageGarage

Basement

UnfinishedCrawl space

Appliances

WasherRefrigeratorStoveDryerMicrowave

Heating

Not knownNot knownOilNatural gasOther

Cooling

Wall unit

Exterior

StuccoAluminum siding

Foundation

Concrete

Lot

Wooded areaFlat siteSump Pump

View

Utilities

SewerElectricityCable

Negative cash flow ~$2,103/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

-6.31%

Cap rate

3.60%

GRM

16.7

Break-even rent

$12,214

Financing

Down payment$399,980

Loan amount$1,599,920

Mortgage$8,107/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$917

Insurance$80

Maintenance$1,667

CapEx reserve$833

Vacancy loss$500

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 $8,107/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 23, 2026.