How much is 318 River Rd listed for?

318 River Rd is listed at $719,900 (MLS® X12950208). Summitly updates the price as soon as the MLS® record changes.

Is $719,900 a good price for 318 River Rd?

Summitly rates it Good Deal: the asking price is 3% to 10% below Zara's estimate, an estimate built from recent sales in Welland. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out.

Has the price of 318 River Rd changed?

Yes — it was first listed at $749,900 and is now $719,900, a drop of $30,000 (4.0%).

How many bedrooms and bathrooms does 318 River Rd have?

318 River Rd has 4 bedrooms and 3 bathrooms, with about 1,500–2,000 square feet of living space. It is a semi-detached home in Welland.

How much would the monthly mortgage be on 318 River Rd?

About $3,537 a month — principal and interest on $719,900 with 20% down ($143,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.

How does 318 River Rd compare with other homes in Welland?

Its asking price of $719,900 is about 35% above the median sold price in Welland over the last 90 days, $533,750, across 272 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.

Has 318 River Rd been sold before?

Summitly has no earlier MLS® sale or lease of 318 River Rd on record from the last two years. Older records aren't shown under TRREB rules.

Where is 318 River Rd?

318 River Rd is in Welland, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 318 River Rd been on the market?

218 days — 318 River Rd was listed on April 2, 2026.

What is the price per square foot of 318 River Rd?

About $360 to $480 per square foot: the asking price of $719,900 over the 1,500–2,000 sq ft the listing gives as its size range.

Does 318 River Rd have parking or a garage?

Yes — the listing gives 4 parking spaces. Garage: Yes.

Does 318 River Rd have a basement, and is it finished?

The listing describes the basement as: Apartment, Separate Entrance.

For saleGood Deal

Semi-DetachedOn market 218 daysPrice drop · $30,000 off (-4.0%)

318 River Rd, Welland

Name: 318 River Road
SKU: X12950208
Price: 719900 CAD
Availability: InStock

Welland, ON · · MLS® X12950208Updated May 29, 2026

$719,900Est. $3,537/mo mortgage

Bedrooms: 4
Bathrooms: 3
Living space: 1500–2000sq ft
Parking spaces: 4

Type Semi-Detached
Garage Yes
Basement Apartment, Separate Entrance

What you should know

318 River Rd is a 4-bedroom, 3-bathroom semi-detached home in Welland, listed for $719,900. It has 1500-2000 sq ft of living space.

Two complete units occupy this custom built two storey semi-detached home features 4 bedrooms, 2.5 bathrooms with large open concept kitchen/living/dining area that accesses the rear deck and fenced backyard.
Attention to detail and craftsmanship are apparent with engineered hardwood flooring and tile throughout, custom kitchen with island, stainless steel appliances and quartz counters.
Four spacious bedrooms occupy the second floor.

Ask Zara:

4 Bed, 3 Bath Semi-Detached Home in Welland

About 318 River Road

Welcome to modern living. A modern 4 bedroom semi plus accessory suite in the heart of Welland. Two complete units occupy this custom built two storey semi-detached home features 4 bedrooms, 2.5 bathrooms with large open concept kitchen/living/dining area that accesses the rear deck and fenced backyard. Attention to detail and craftsmanship are apparent with engineered hardwood flooring and tile throughout, custom kitchen with island, stainless steel appliances and quartz counters. Four spacious bedrooms occupy the second floor. The large primary suite features an en-suite and walk-in closet, with large windows overlooking the Welland River and Merritt Island Park. Further features include single car garage, main floor laundry, HRV system, tankless on demand hot water heater. Completing the package is a fully self contained, 1 bedroom, 1 bathroom lower accessory unit, accessed via a separate side entrance, with separate laundry, hydro and gas meters, is perfect for multi-gen living or to generate income and offset costs. Conveniently located in a quiet neighbourhood, with outdoor greenspace and trails ideal for walking along the river. Walking distance to the Downtown core complete with retail, grocery, food service, public transit and community facilities. Positioned close to Woodlawn Rd., featuring a newer big box retail hub, and Youngs Sportsplex providing east access to the Seaway Mall and Highway 406 for connection throughout the region. This property offers a ready opportunity to live in high quality construction while generating income from the lower unit.

4 bedrooms, 3 bathrooms, about 1,500 sq ft, works out to roughly $480 per square foot. Chat with Zara if you'd like a deeper read on whether this semi-detached fits your budget and timing.

Inside 318 River Rd

Every detail from the listing, in one place.

Type: Semi-Detached
Style: 2-Storey
Living space: 1500-2000 sq ftas stated on the listing
Parking: 4 spacesYes garage
Basement: Apartment, Separate Entrance

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 4

Interior

Basement: Apartment · Separate Entrance

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: 2-Storey
Property class: Semi-Detached

318 River Rd Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

—ReducedPrice reducedThis listingMLS® X12950208−$30,000 (4.0%)$719,900
Apr 2, 2026For saleListedThis listingMLS® X12950208$749,900

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 318 River Rd Compares to the Welland Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Good Deal· based on 512 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Welland market, last 90 days

Median sold price: $533,750
Average sold price: $551,417
Average days on market: 45
Homes sold: 272

Closed sales on the TRREB MLS®.

Full Welland market report

Recently sold nearby in Welland

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This home318 River Road 4 bd · 3 ba · 1,500 sqft	$719,900asking	$480	—	—
641 Clare Avenue 3 bd · 2 ba · 1,500 sqft
386 Foxtail Avenue 3 bd · 2 ba · 700 sqft
188 Windsor Street 3 bd · 2 ba · 700 sqft
11 Woodland Drive 3 bd · 2 ba · 700 sqft
552 First Avenue 3 bd · 2 ba · 700 sqft
47 Superior Street 3 bd · 3 ba · 2,000 sqft

641 Clare Avenue
3 bd · 2 ba · 1,500 sqft
386 Foxtail Avenue
3 bd · 2 ba · 700 sqft
188 Windsor Street
3 bd · 2 ba · 700 sqft
11 Woodland Drive
3 bd · 2 ba · 700 sqft
552 First Avenue
3 bd · 2 ba · 700 sqft
47 Superior Street
3 bd · 3 ba · 2,000 sqft

Living in Welland: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Loading schools, parks, groceries and more nearby…

How long is your commute?

From 318 River Rd. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 318 River Rd

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $3,537; 20% down · 25 years · 5.5% assumed
Property tax: $396; 0.66% mill rate · ON
Total per month: $3,933; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

Enter a rate to see the monthly cost

Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$3,537

/mo

based on the purchase price of $719,900

Down payment20%

$143,980 cash

Amortization25 yr

$575,920 financed

Rate5.50%

$485,076 total interest

Principal54%$575,920

Interest46%$485,076

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

Want rate-drop alerts and a saved shortlist?

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

For homeowners nearby

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Listing brokerage: ROYAL LEPAGE NRC REALTY, BrokerageMLS® X12950208 · Listing data last updated May 29, 2026

Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.

Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

For sale· listed Apr 1· $480/sq ft

Estimated monthly mortgage$3,537/moMortgage only · 20% down · 5.5% assumed

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5.0 · Google rating for Coldwell Banker Summit Realty, Brokerage · as of September 2026

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318 River Rd, Welland

What you should know