A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, building for 42 Riverside Dr, Welland Ontario L3C 5E2
6 hours on Market

42 Riverside Dr, Welland, Ontario L3C 5E2

Townhouse
4
4
~2000-2500 sqft
$629,999
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Townhouse
4
4
~2000-2500 sqft

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Highlights

Property Estimate

Days on market6 hours

Estimated valueNot available

Price/Sqft$283/sqft

Monthly cost

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Description

REMARKS FOR CLIENTS Unique Investment Opportunity - Legal 4-Unit Property on the Welland. Incredible opportunity to own a legal four-unit property located directly on the scenic Welland River. This versatile multi-family property features: Three 1-bedroom units One bachelor unit. Projected Gross Income: Approximately $4,200/month or $81,000 annually. This fourplex offers an exceptional opportunity for steady rental income and long-term appreciation. Ideally suited for young investors seeking reliable cash flow. it combines strong income potential with future growth prospects.


Property Details

Style2-Storey
View-
Age of property-
SqFt~2000-2500 SqFt
Lot Size3,015 SqFt(67 x 45)
Parking Spaces2
MLS ®NumberX12987370
Community NameWest Main
Data SourceTRREB
Listing byHOMELIFE G1 REALTY INC.

Features

Heating: Forced Air
Basement: Other

Features

Lot size: 3,015 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property listed by HOMELIFE G1 REALTY INC., Brokerage
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Market Data - West Main

Geo Zone Map ThumbnailWest Main

Strong Seller's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

Compared to

2025

0 day

2024

0 day

New Listings

Past 30 days

1 listing

Compared to

2025

6 listings

2024

1 listing

Units sold

Past 30 days

0 unit

Compared to

2025

0 unit

2024

0 unit

Median Sold Price

Past 30 days

$0

Compared to


Population and Demographics

Overview

Total population 1981
Average household income $85,572

Age (%)

0 to 19
21%
20 to 34
19%
35 to 49
17%
50 to 64
21%
65 and plus
22%

Household composition (%)

Single family
55%
Single person
41%
Multi person
3%
Multi family
0%

Mother tongue (%)

English
88%
French
5%
Others
3%
English and French
2%
Italian
1%

House tenancy (%)

Renters
55%
Owners
45%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget