42 Riverside Drive, Welland | Image 1

42 Riverside Drive

Welland

  • - bed - bath - sqft
$XXX,XXX Listed: $XXX,XXX
Inactive

Inactive on Apr 26, 2024

Note: Property is not currently for sale or for rent.

Sign in or Register • To view sold data & photos, an account is required by the Toronto Real Estate Board.

  • Type: Fourplex

  • Style: 2-Storey

  • Size: 2000 sqft

  • Lot Size: 45 x 70 Feet

  • Age: 100+ years

  • Taxes: $4,534 per year

  • Days on Site: 87 Days

  • Added: Jan 30, 2024 (2 months on market)

  • Updated:

  • Last Checked: 2 hours ago

  • MLS®#: X8033618

  • Listed By: Revel realty inc.

Unique Investment opportunity with this legal Multi-Unit (4) located directly on the Welland River! *VACANT POSSESSION AFTER APRIL 1/24* Possibilities are endless with this 4 unit property consisting of 1 - 3 bedroom unit, 2 - 1 bedroom units, and a Bachelor unit. Separate hydro meters for unit 3 & 4, and shared hydro meter for unit 1 & 2. Walk out Entrance from Lower LeveL Flat Roof replaced in 2013. Heated by efficient boiler system. Building does need work to get current market rent values which are estimated at approximately $1800/month + hydro for 3 bed, $1600/month + hydro for each - 2 bedroom units, $1000/month + hydro for Bachelor unit giving it a potential total gross rent of $6000/month or $72,000/yr! The potential of this property alone makes it worth a look to see if the numbers may work for you!

Status

  • Days on Market: 87

  • Last Status: Expired

  • Sold Date: Apr 27, 2024

  • Closed Date: Nov 30, -0001

  • Expiry Date: Apr 26, 2024

  • Unavailable Date: Apr 27, 2024

  • Input Date: Jan 31, 2024

Property

  • Status: Sale

  • Property Type: Fourplex

  • Style: 2-Storey

  • Size (sq ft): 2000

  • Age: 100+

  • Area: Welland

  • Availability Date: 60-89 days

Inside

  • Bedrooms: 6

  • Bathrooms: 4

  • Kitchens: 4

  • Rooms: 14

  • Den/Family Room: No

  • Air Conditioning: Wall Unit

  • Fireplace: No

  • Washrooms: 4

Building

  • Basement: Full

  • Basement 2: Unfinished

  • Heat Type: Radiant

  • Heat Source: Gas

  • Exterior: Vinyl Siding

  • Water Supply: Municipal

  • Special Designation: Unknown

Parking

  • Driveway: Private

  • Garage Type: None

  • Covered Parking Spaces: 6

  • Total Parking Spaces: 6

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT LT 1 PL 959 , PT LT 28 CON 5 CROWLAND , AS IN RO716998 ; WELL

  • Taxes: $4,534

Land

  • Cross Street: Wade

  • Municipality District: Welland

  • Fronting On: East

  • Parcel Number: 641010088

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 70 Feet

  • Lot Frontage: 45 Feet

  • Zoning: RL2

  • Water Body Type: River

  • Water Frontage: 13.72

Sign in or Register • To view sold data & photos, an account is required by the Toronto Real Estate Board.

Somewhat Walkable

  • Some errands can be accomplished on foot.
59 /100

Some Transit

  • Most errands require a car.
30 /100

Bikeable

  • Some errands can be accomplished on bike.
59 /100
Map of 42 Riverside Drive, Welland
JK-8

St Augustine Catholic Elementary School

Elementary: Catholic
1.94 km
JK-8

Ross Public School

Elementary: Public
1.72 km
JK-8

Fitch Street Public School

Elementary: Public
0.87 km
JK-8

Plymouth Public School

Elementary: Public
1.56 km
JK-8

ÉÉC du Sacré-Coeur-Welland

Elementary: Catholic
1.23 km
JK-8

Holy Name Catholic Elementary School

Elementary: Catholic
1.10 km
9-12

École secondaire Confédération

Secondary: Public
3.15 km
9-12

Eastdale Secondary School

Secondary: Public
3.08 km
9-12

ÉSC Jean-Vanier

Secondary: Catholic
3.53 km
9-12

Centennial Secondary School

Secondary: Public
1.96 km
9-12

E L Crossley Secondary School

Secondary: Public
7.50 km
Pre-Grade 9-12

Notre Dame College School

Secondary: Catholic
1.96 km

  • Tailgates

    200 Fitch Street, Unit 8, Welland, ON L3C 4V9 0.84km

  • Trappers Sports Bar

    279 King Street, Welland, ON L3B 3J9 0.97km

  • Taris On the Water

    25 W Main Street, Welland, ON L3C 1H8 0.94km

  • The Black Sheep Lounge

    64 Niagara Street, Welland, ON L3C 1H9 1.07km

  • The VHC

    91 E Main Street, Welland, ON L3B 3W5 1.34km

  • Express Donuts

    159 E Main St, Welland, ON L3B 3W7 1.47km

  • X Fitness

    44 Division Street, Welland, ON L3B 3Z6 1.17km

  • Planet Fitness

    835 Ontario Rd, Welland, ON L3B 5V6 2.28km

  • Niagara Centre YMCA

    310 Woodlawn Road, Welland, ON L3C 7N4 2.94km

  • Rexall Drug Store

    399 King Street, Welland, ON L3B 3K4 1.04km

  • Prince Charles Pharmacy

    555 Prince Charles Drive N, Welland, ON L3C 6B5 1.32km

  • Welland Medical Pharmacy

    570 King Street, Welland, ON L3B 3L2 1.43km

  • The Kavern

    190 Maple Avenue, Welland, ON L3C 5G5 0.4km

  • Mexican Taco Zone

    2 Riverside Drive, Welland, ON L3C 5C7 0.43km

  • Antonio's

    95 Lincoln Street, Welland, ON L3C 5J7 0.54km

  • Seaway Mall

    800 Niagara Street, Welland, ON L3C 1M3 3.34km

  • Shoppers Drug Mart

    Seaway Mall, 800 Niagara St N, Welland, ON L3C 5Z4 3.34km

  • Shoe Warehouse

    800 Niagara St, Unit J6, Welland, ON L3C 5Z4 3.34km

  • Pupo's Super Market

    195 Maple Ave, Welland, ON L3C 5G6 0.32km

  • Girard's No Frills

    390 Lincoln Street E, Welland, ON L3B 4N4 1.88km

  • Celi & Presti

    390 Crowland Avenue, Welland, ON L3B 1X7 2.24km

  • LCBO

    102 Primeway Drive, Welland, ON L3B 0A1 4.21km

  • LCBO

    7481 Oakwood Drive, Niagara Falls, ON 14.6km

  • LCBO

    5389 Ferry Street, Niagara Falls, ON L2G 1R9 18.49km

  • Camo Gas Repair

    457 Fitch Street, Welland, ON L3C 4W7 1.51km

  • Northend Mobility

    301 Aqueduct Street, Welland, ON L3C 1C9 2.13km

  • Miller's Auto Detailing

    Niagara Falls, ON L2E 2S5 20.27km

  • Cineplex Odeon Welland Cinemas

    800 Niagara Street, Seaway Mall, Welland, ON L3C 5Z4 3.25km

  • Can View Drive-In

    1956 Highway 20, Fonthill, ON L0S 1E0 8.94km

  • Cineplex Odeon Niagara Square Cinemas

    7555 Montrose Road, Niagara Falls, ON L2H 2E9 14.19km

  • Welland Public Libray-Main Branch

    50 The Boardwalk, Welland, ON L3B 6J1 1.25km

  • Libraries

    3763 Main Street, Niagara Falls, ON L2G 6B3 18.9km

  • Niagara Falls Public Library

    4848 Victoria Avenue, Niagara Falls, ON L2E 4C5 20.19km

  • Welland County General Hospital

    65 3rd St, Welland, ON L3B 1.36km

  • LifeLabs

    477 King St, Ste 103, Welland, ON L3B 3K4 1.1km

  • Primary Care Niagara

    800 Niagara Street N, Suite G1, Welland, ON L3C 5Z4 3.44km

  • Welland Recreational Canal

    Welland ON 0.7km

  • Guerrilla Park

    21 W Main St, Welland ON 0.99km

  • Chippawa Park

    1st Ave (Laughlin Ave), Welland ON 0.88km

  • BMO Bank of Montreal

    200 Fitch St, Welland ON L3C 4V9 0.93km

  • HSBC ATM

    247 E Main St, Welland ON L3B 3X1 1.71km

  • Pen Financial

    247 E Main St, Welland ON L3B 3X1 1.72km

Get the lowest mortgage rate, really fast!

ON Rates as low as: 6.05% 5 Year Variable
103 Albert Street, Welland | MLS: X8010084
For Sale
3 months ago
$609,900
  • 3 bath
  • 6 bed

103 Albert Street, Welland, Ontario • L3B 4L3 • Welland

Join or Sign in • See photos & sale data
Real estate boards require a verified account
 308 Broadway, Welland | MLS: X8074286
For Sale
2 months ago
$XXX,XXX
  • — bath
  • — bed
  • — sqft

308 Broadway, Welland, Ontario • L3C 5L9 • Welland

305 Scholfield Avenue South, Welland | MLS: X8140788
For Sale
1 month ago
$595,000
  • 3 bath
  • 8 bed
  • 1500 sqft

305 Scholfield Avenue South, Welland, Ontario • L3B 1N9 • Welland