PICTURE-Perfect waterfront location! Enjoy riverfront living just minutes from Downtown Welland and nearby amenities. This nicely updated bungalow features 2 bedrooms and 2 bathrooms, along with additional finished living space in the basement. Enjoy beautiful waterfront views and convenient access to fishing, boating, kayaking and other outdoor activities. A wonderful opportunity to enjoy a peaceful waterfront lifestyle with plenty of potential.
4 bedrooms, 4 bathrooms, about 2,000 sq ft, works out to roughly $325 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this fourplex fits your budget and timing.
Inside 42 Riverside Dr
Every detail from the listing, in one place.
Type
Fourplex
Style
2-Storey
Living space
2000-2500 sq ftas stated on the listing
Parking
2 spaces
Basement
Other
Features & systems
Parking & garage
Parking spaces
2
Interior
Basement
Other
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Fourplex
42 Riverside Dr Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13716222$650,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 42 Riverside Dr Compares to the Welland Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$3,193
/mo
based on the purchase price of $650,000
$130,000 cash
$520,000 financed
$437,976 total interest
Principal54%$520,000
Interest46%$437,976
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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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.
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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.
Similar homes for sale nearby in Welland
Other 6-bed homes for sale in Welland around $650K.
Average days on market45Homes sold in about 45 days on average.
Sale-to-list ratio96.3%On average, homes sold below asking.
Active listings463Homes for sale here right now.
Median vs prior 90 days+0.2%Compared with Apr 15 – Jul 14, 2026: prices up.
Based on 285 sales from Jul 14 – Oct 12, 2026 (217 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 42 Riverside Dr
How much is 42 Riverside Dr listed for?
42 Riverside Dr is listed at $650,000 (MLS® X13716222). Summitly updates the price as soon as the MLS® record changes.
Is $650,000 a good price for 42 Riverside Dr?
Summitly rates it Excellent Deal: the asking price is 10% or more 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. See Zara's estimate
Has the price of 42 Riverside Dr changed?
No — 42 Riverside Dr is still listed at its original asking price of $650,000.
How many bedrooms and bathrooms does 42 Riverside Dr have?
42 Riverside Dr has 4 bedrooms and 4 bathrooms, with about 2,000–2,500 square feet of living space. It is a fourplex in Welland.
How much would the monthly mortgage be on 42 Riverside Dr?
About $3,193 a month — principal and interest on $650,000 with 20% down ($130,000), 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 42 Riverside Dr compare with other homes in Welland?
Its asking price of $650,000 is about 20% above the median sold price in Welland over the last 90 days, $539,900, across 285 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 42 Riverside Dr been sold before?
Summitly has no earlier MLS® sale or lease of 42 Riverside Dr on record from the last two years. Older records aren't shown under TRREB rules.
Where is 42 Riverside Dr?
42 Riverside Dr is in Welland, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 42 Riverside Dr been on the market?
50 days — 42 Riverside Dr was listed on August 23, 2026.
What is the price per square foot of 42 Riverside Dr?
About $260 to $325 per square foot: the asking price of $650,000 over the 2,000–2,500 sq ft the listing gives as its size range.
Does 42 Riverside Dr have parking or a garage?
Yes — the listing gives 2 parking spaces.
Does 42 Riverside Dr have a basement, and is it finished?
