93 State Street, Welland, ON
L3B 4K6
Listed September 9, 2026
About this property
Sold under Power of Sale - Excellent opportunity for investors, renovators, and developers in Downtown Welland. This detached two-storey brick home sits on a prominent corner lot and offers five bedrooms, two bathrooms, two kitchens, a finished basement, and a detached garage with access from Kent Street. Previously rented for $2,200 per month for the main portion and $1,050 per month for the basement, providing a combined rental income of $3,250 per month. The basement offers potential for an in-law suite or accessory unit, subject to municipal approvals. Vacant with immediate possession and within walking distance of downtown, schools, shopping, the farmers market, transit, and the Welland Canal. Motivated seller, offers welcome anytime!
Features
Property Details
Listing
Property
Location
Taxes & Financials
Cost of Ownership Calculator
What it could cost each month to own 93 State Street — mortgage, property taxes, fees, insurance, utilities and upkeep. Change any number to match your situation.
Your mortgage
$59,980 · Minimum $14,995
Use the rate your lender or broker quotes you.
Monthly costs
From the listing (2025 tax bill).
Leave at $0 if there isn't one.
Typical for this kind of home.
Hydro, heating, water and sewer.
About 1% of the price a year, set aside.
One-time costs
A typical estimate — your lawyer will confirm.
Estimated monthly cost of ownership
$2,230/mo
About $26,760 a year
- $1,327
- $198
- Home insurance$125
- Utilities$330
- Maintenance & repairs$250
Cash needed to close
- Down payment (20%)
- $59,980
- Ontario land transfer tax
- $2,974
- Legal fees, title insurance & inspectionEstimate
- $2,500
- Total
- $65,454
Estimates only — not a mortgage approval, quote or tax advice. Payments assume a fixed rate compounded semi-annually; minimum down payments, mortgage insurance and land transfer tax follow current CMHC and Ontario rules. Insurance, utilities and upkeep are typical figures for the area. Your lender, lawyer and insurer will confirm your exact costs.
Location & Walkability
93 State Street, Welland, ON
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Last Updated: September 9, 2026
Listing Office: RE/MAX NIAGARA REALTY LTD, BROKERAGE
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