225 Chaffey Street
Welland (Lincoln/Crowland), ON L3B 2Y7
- 4Bedrooms
- 2Bathrooms
- 4Parking
- 2000–2500Sq Ft
- $2,670Tax
- 40×125 ftLot Size
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About 225 Chaffey Street, Welland, Lincoln/Crowland
Investor Alert - Turn-key Duplex with $40K+ NOI & Triplex Potential! This turnkey duplex in central Welland offers $40,000+ projected NOI and over $900/month cash flow, with separate utilities for both spacious 2-bed units. Basement with separate entrance and full ceiling height is primed for triplex conversion (waterproofed with sump pump). Parking for 3-4 vehicles. A strong, flexible asset in a high-demand rental market!
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $2,670
- Land Transfer Tax Fee
- $8,273
Rental Items
- Rental Equipment
- 1 Water Heater - Enercare $36/month.
- Basement Type
- Full, Walk-Up
Interior Features
- Interior Extras
- Separate Hydro Meter, Primary Bedroom - Main Floor, Water Heater Owned, Separate Heating Controls
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
- Property Features
- Public Transit, Park, School Bus Route, School
- Other Structures
- Shed
Building
- Building Type
- Multiplex
- Building Style
- 2-Storey
- Approx Age
- 51-99
Construction
- Exterior Finish
- Stucco (Plaster)
- Roof
- Asphalt Shingle
- Foundation Details
- Concrete Block
- Special Designation
- Unknown
Lot
- Lot Front
- 40.00 ft
- Lot Depth
- 125.00 ft
Inclusions
- Inclusions
- 2 Fridges, 2 stoves, 2 Dishwashers, 2 Washers, 2 Dryers, 1 above the range vented microwave, 2 furnaces, 1 water heater.
Exclusions
- Exclusions
- Tenants' Belongings
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 4
- Parking Spaces
- 4
- Total Garage And Parking Spaces
- 4
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 4
- Washrooms
- 2
- Kitchens
- 2
Room sizes
- Kitchen—Main level
- Dining Room—Main level
- Living Room—Main level
- Bedroom—Main level
- Bedroom—Main level
- Laundry—Basement level
- Kitchen—Second level
- Living Room—Second level
- Bedroom—Second level
- Bedroom—Second level
- Laundry—Second level
Washrooms
- 4-piece, Main
- 4-piece, Second
- Municipality
- Welland
- Neighbourhood
- Lincoln/Crowland
- Main cross streets
- Devon St.
- Directions
- HWY 406 to East Main to Crowland to Southworth to Ontario Rd to Chaffey
- MLS® number
- X12418695
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2025-11-13
- Listed on
- 2025-09-22
- Days on market
- 52 days
- Possession type
- Flexible
- Co-op commission
- 2.0% + HST
- Seller
- Listed by
- Rock Star Real Estate Inc., Brokerage
Home Market Value
Current home valuation for 225 Chaffey Street, Welland, Lincoln/Crowland, Welland, ON. Listed for $589,900
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 225 Chaffey Street, Welland, Lincoln/Crowland
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $89,900 over $500K
$33,990
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $22,227 | $16,458 | $14,040 | $0 |
=Total mortgage | $577,913 | $547,368 | $515,455 | $471,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,822monthly | $2,673monthly | $2,517monthly | $2,304monthly |
Land Transfer Tax
$8,273
$8,273
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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