42 Riverside Drive, Welland, ON

$629,999
MLS#:X12987370
4 beds
4 baths
2000-2500 sqft
2.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] fourplex located in the coveted neighborhood of 772 - Broadway. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $629,999 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 4 Bedrooms and 4 Bathrooms with 4 functional kitchens
  • Generous living space spanning 2000-2500 sqft on a premium 45 x 67 ft lot
  • Features a ["other"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available
  • Notable attributes: None
  • equipped with ["none"] central cooling and highly efficient forced air heating via gas

Four-unit income property located along the Welland River. Property features three 1-bedroom units currently tenanted, with one unit under renovation. Property offers a riverfront setting with views of the Welland River and is suitable for investors or buyers seeking rental income.2nd Vendor Take-Back (VTB) Mortgage Available. Conveniently located near local amenities, schools, and transit.

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Key Features

Bedrooms
4
Bathrooms
4
Kitchens
4
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date4/11/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeFourplex
Architectural Style2-Storey
ConstructionVinyl Siding
BasementOther
Lot Size45 × 67 Feet
CountyNiagara
Annual Tax$4,906
Legal DescriptionPT LT 1 PL 959 , PT LT 28 CON 5 CROWLAND , AS IN RO716998 ; WELLAND

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingNone

Features

Property Features

Interior Features

None

Security Features

Community Features

Location

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42 Riverside Drive, Welland, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 42 Riverside Drive, Welland, ON L3C 5E2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$503,999.2
Monthly Mortgage$2,928
Property Tax (Est.)$409
Utilities & Maint.$350
Total Monthly Cost$3,687

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Welland.

Similar Listings Nearby

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 772 Broadway, Welland.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$850,000

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Ross
Public358 Niagara Street, Welland, Ontario, L3C 1K9
6.5
St Kevin
Public182 Aqueduct Street, Welland, Ontario, L3C 1C4
7.0
Fitch Street
Public164 Fitch Street, Welland, Ontario, L3C 4V5
8.1
Glendale
Public24 Farnham Avenue, Welland, Ontario, L3C 3R1
8.1
Holy Name
Public290 Fitch Street, Welland, Ontario, L3C 4W5
7.9

Secondary Schools

Notre Dame
Public64 Smith Street, Welland, Ontario, L3C 4H4
6.2
Centennial
Public240 Thorold Road, Welland, Ontario, L3C 3W2
6.7

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.