Was listed for:Expired Nov 23, 2024
$3,900,000

55 Mcalpine Avenue S

Welland (Lincoln/Crowland), ON L3B 1T7

Residential Income ExpiredNot available

Property not available for sale or for rent.

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Sale & Price History for 55 Mcalpine Avenue S, Welland, Lincoln/Crowland

2024-10-21
2024-11-23
Expired
Price
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MLS#
40669458

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 55 Mcalpine Avenue S, Welland, Lincoln/Crowland

23 unit building built in 1993. Comprised of 8 x 1 Bed, 15 x 2 Bed. 6.2% cap rate with full expenses for Maintenance, Super, Vacancy and Management. Currently self managed. Significant upside on current rents. Tenants pay own hydro. 30 Parking Spots. Great location close to all amenities. Listing agent will be showing the property on Saturday, October 26th from 1:00pm -3:00pm. Please confirm attendance.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$42,296
Land Transfer Tax Fee
$83,975

Basement Type
Full, Partially Finished

Interior Features

Fireplace/Stove
No
Elevator
No

Building

Building Type
Residential Income

Construction

Exterior Finish
Concrete

Lot

Lot Front
90.00 ft
Lot Depth
238.00 ft

Parking & Garages

Parking Spaces
30
Total Garage And Parking Spaces
30

Heating & Cooling

Heat Type
Baseboard, Electric
Air Conditioning
None

Area
Niagara
Municipality
Welland
Neighbourhood
Lincoln/Crowland

MLS® number
40669458
Data source
MLS
Status change
2024-11-23
Listed on
2024-10-21
Days on market
33 days
Possession type
Tenant
Seller
Listed by
MYSAK REALTY INC.

Home Market Value

Current home valuation for 55 Mcalpine Avenue S, Welland, Lincoln/Crowland, Welland, ON. Listed for $3,900,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 55 Mcalpine Avenue S, 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

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Welland, ON
Minimum Down Payment Required:20.0%

20% required for homes $1.5M or more

Minimum down payment

$780,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
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$
%
$
+CMHC insurance
$0$0$0$0
=Total mortgage
$3,120,000$2,925,000$2,730,000$2,535,000
Amortization
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%
%
%
%
Payment frequency
=Mortgage payment
$15,233monthly$14,281monthly$13,329monthly$12,377monthly
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Land Transfer Tax

Provincial

$83,975

Total Land Transfer Tax

$83,975

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