8 Rainbow Crt

Welland | 772 - Broadway | L3C 6R3
  • 3 + 1
  • 2
  • 0

$599,900

Est. Mtg $2,034 /mo
  • Days on market

    44

  • Status

    Ext

Listing Broker RE/MAX NIAGARA REALTY LTD, BROKERAGE
Since listed: 2 views

Home details

MLS #:

X12006799

Property type:
Semi-Detached
Style:
Bungalow-Raised
Taxes:
$2,850
Possession:
Tenant Ocuppancy
Lot Front:
29.95   Feet
Lot Depth:
110.02   Feet
Basement:
Apartment | Full
Driveway Pkg:
2
Heat:
Gas | Forced Air

Description


8 Rainbow Crt, , Welland, Ontario is a Semi-Detached property in Welland and in the 772 - Broadway community in the L3C 6R3 postal code


Welcome to 8 Rainbow, a meticulously maintained and thoughtfully designed 4-bedroom, 2-bathroom home, offering unparalleled flexibility for single families, multigenerational living, or investors. Located in a peaceful, family-friendly neighborhood in Welland, this property seamlessly blends comfort and convenience, providing easy access to essential amenities and transportation routes. This home features a main-level apartment and a newly renovated, legal lower-level apartment, making it an ideal option for those seeking to generate rental income or accommodate extended family. The main-level apartment includes a well-equipped kitchen, spacious living area, dining space, three bedrooms, and a full bathroom, providing a comfortable living environment. The lower-level apartment, renovated in early 2024, is a fully self-contained unit with its own kitchen, featuring new 2024 appliances and updated flooring throughout. It includes a cozy living area, one bedroom, and a full bathroom, all newly renovated, offering privacy, comfort, and versatility. Eligible for use as two separate rental units, this property presents a remarkable investment opportunity. Ideally located near the Welland River, Elmwood Park, and a variety of dining and recreational options, it offers abundant leisure activities for residents. Additionally, daily essentials are just moments away with grocery stores and shopping centers in close proximity. Whether you're looking for a forever home with added living space or a strategic investment opportunity, this property offers the best of both worlds. The main floor of this property has been leased on a month-to-month basis at a rate of $2,111.50. Don't miss out! Schedule your private showing today!.

Extras

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History

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List Date End Date List Price End Price Status MLS #
2025-03 2025-03 $599,900 $599,900 Ext X12006799

Comparables

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sold Date Address List Price sold Price DOM
2024-07 164 WINDSOR St, $524,900 $515,000 29
2024-05 36 MAYFAIR Dr, $499,900 $490,000 20
2024-04 67 TERRACE Ave, $469,900 $522,500 1
2024-03 44 TERRACE Ave, $554,900 $554,000 95
2020-10 54 TERRACE Ave, $349,900 $426,000 10
2020-09 7 JUSTINA Crt, $399,000 $399,000 17
2020-08 20 RAINBOW Crt, $389,900 $380,000 14
2019-06 9 JOSHUA Crt, $342,900 $338,000 15

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity Semi-Detached

Sale activity

Welland :

Properties sold
Average sale price
New Listings
Year on Year Growth

Municipality activity All Property Types

Sale activity

Welland :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 8 Rainbow Crt

Based on available 3rd party data

$2406

Approximate costs per month

Mortgage
$2034 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$237 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker RE/MAX NIAGARA REALTY LTD, BROKERAGE
Data Source: TRREB

Payment calculator

$2271 monthly. In association with: TD Bank
%
  • Principal and Interest
    2034 /mo
  • Property Taxes
    $237 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Luis Serrano, Realtor

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