Homula Realty Brokerage
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4 Eastwood Drive, Welland, ON L3C 6W3

6+2 beds · 3 baths · 1 kitchen · 9+3 rooms · 5 parking spaces · 1100-1500 sq ft · Laundry on the lower level level · Detached
$579,990
Property tax
$4,830 / year

TURNKEY INCOME-GENERATING PROPERTY. Freshly painted 8-bedroom (total), 3-bath detach in high-demand North Welland, offering excellent rental potential and strong tenant demand. FACING Niagara College's biggest campus, transit stop directly across the street, and minutes to the Seaway Mall, YMCA, grocery stores, and Hwy 406. Attached garage plus ample driveway parking. Possibility to create two separate units (buyer to verify), making it ideal for even higher cash flow. An ideal opportunity to add a dependable, high-demand rental to your portfolio or step confidently into your first investment.

MLS number
X13471570
Type
Detached
Status
Active
Bedrooms
8
Bathrooms
3
Postal code
L3C 6W3
Photos
34
Laundry
Lower Level level
84days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 5 times.

Sale history is for registered usersSee what this address sold for and when, across all 5 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Where this address sits, matched against open government data.

Matched to a published address point for this address.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Alexander Kuska KSG Catholic Elementary School
Niagara CDSB
Elementary325 m8.8 / 10
88% met the standard
Niagara Catholic Virtual Secondary School
Niagara CDSB
Secondary610 mNot reported
École élémentaire Nouvel Horizon
CS Viamonde
Elementary750 m7.4 / 10
74% met the standard
Quaker Road Public School
DSB Niagara
Elementary903 m7.7 / 10
77% met the standard
Welland Centennial Secondary School
DSB Niagara
Secondary1.3 km7.6 / 10
76% met the standard · 2 of 6 measures
Gordon Public School
DSB Niagara
Elementary1.5 km7.9 / 10
79% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

The market around this home

Detached houses in 767 - N. Welland232 sales over the last five years.

Median sold priceWhat comparable homes actually sold for
$579k$607k$636k20252026this home’s asking price
$615klatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
96%98%100%20252026the asking price
97%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-1d17d34d20252026
20dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among detached houses in 767 - n. welland. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 626 people.

$104,000Median household income
93.5%Own their home
86.7%Detached houses
41.6Median age
11.6%Born outside Canada
28.6%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35260241 — the few blocks around this address, home to 626 people. It describes the area, not this property.

626Population
41.1Average age
2.8Household size
$118,000Average household income
$104,000Median household income
94%Own their home
7%Rent
0%Condominiums
12%Born outside Canada
29%University degree
$608,000Average home value
3%Low income
42%Not in the labour force
28%Never married
$25,000 to $29,9992%
$40,000 to $44,9992%
$45,000 to $49,9993%
$50,000 to $59,9993%
$60,000 to $69,9996%
$70,000 to $79,9995%
$80,000 to $89,9993%
$90,000 to $99,9998%
$100,000 and over35%
$100,000 to $124,9999%
$125,000 to $149,9998%
$150,000 to $199,99912%
$200,000 and over6%

Percentages are of the 330 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$115,998 · minimum here is $32,999
$2,568.07per month
Borrowed before insurance$463,992
Total borrowed$463,992
Interest over 25 years at 4.5%$306,429

If you rented it out

-$2,970.57per month out of pocket
Rent$0.00
Everything it costs to hold$2,970.57
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by HOMELIFE/MIRACLE REALTY LTD. Listing data provided by the Toronto Regional Real Estate Board.