Available on mobile

Take Summitly with you.

Browse listings, get instant alerts, and talk to your AI concierge — all from your pocket.

Download on theApp StoreGet it onGoogle Play

Weekly market briefing

The smartest move starts here.

Curated listings, price trends, and neighbourhood insights — delivered Sunday morning.

Summitly

Your trusted partner in real estate. We help you find your perfect home, make informed decisions, and connect with expert professionals across Canada.

Explore

Map SearchBrowse ListingsBrowse RentalsSold HomesOpen Houses

Sell & Rent

Sell Your HomeHome ValuationList Your Rental — FreeRental PricingRenting on Summitly

Resources

CalculatorsGet Pre-QualifiedNews & InsightsGuidesBlogAI ConciergeFranchise

Company

AboutContactFind a RealtorCareers — Join SummitlyFAQs
310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
1-333-345-6868info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage.

Privacy PolicyTerms of UseCookiesSitemap

Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, 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 trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

    Summitly Logo
    Buy
    Sell
    Rent
    Pre-con
    Meet ZaraMy HomeNews & Insights
    HomeBuySell
    For sale On market 79 daysPrice drop · $119,100 off (-17.8%)

    45 Riverside Drive

    Broadway·Welland, ON·L3C 5C9·Near WEBER RD, PRINCE CHARLES DRIVE

    • < 700 sqft
    Welland real estate›X12088332
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Excellent development opportunity with this hidden gem amongst other residential properties with 155' of Frontage and the deepest point of the Lot at 214' deep, facing the Welland River! Precedent has been set on the street with Lots two doors down from this property at (37 & 39 Riverside Dr) severed with semi detached builds on them. Minimum of 6 doors can be developed on this property (3 separate semi detached homes with possible ADU's in each for 12 doors total) with other possible potential to build up to a 2-3 story multi-unit building with enough space for parking. Ideal location 5 minutes from downtown, close to schools, bus routes, groceries, and all other amenities. Home on property is in need of heavy repair it was built in 1885. Value is in the land. HST included in Sale price due to existing home on property. Quick possession available to start this development as soon as possible!

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    AI highlights by Zara
    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jun 18, 2026Price reducedCurrentReduced$549,900−$119,100 (17.8%)X12088332This page
    Feb 25, 2026Previously listedNew$799,900 —X12819816View
    Apr 16, 2025ListedCurrentFor sale$669,000 —X12088332This page
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      2
      Water source
      Municipal
      Sewer
      Sewer
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 45 Riverside Drive
    What's nearby

    Points of interest classified by the MLS® feed.

    • Park
    • Public Transit
    • River/Stream
    • School Bus Route
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $2,701
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $278
    0.61% mill rate · ON
    The market

    How this home sits in the Welland market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Welland market right now

    Average sold price, days on market, and closed-transaction count for Welland — sourced from MLS®.

    • Avg sold price
      $558,661
      Last 30 days
    • Median sold price
      $535,950
      Middle of the market
    • Days on market
      42 d
      Avg from list to close
    • Closed last 30d
      216
      MLS® transactions
    Full Welland market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 45 Riverside Drive — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 45 Riverside Drive and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 45 Riverside Drive listed for?

      45 Riverside Drive is listed at $549,900 on the MLS® (listing X12088332). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 45 Riverside Drive have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. 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.

  1. Vacant Land
  2. Not Applicable ac lot
  3. Asking
    $549,900
    $786 / sqft · MLS® X12088332
    Chat Zara
  4. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $558,661
    $513,968Confidence range$603,354
    Asking vs estimate
    ≈in-line
    −$8,761
    (-1.6%)
    Asking is in line
    Run the affordability numbers

    Based on the city's average sold price (limited data on this listing).

    Market analytics

    Homes like this in Welland sell in about 42 days — this one has been listed 79 days.

    Avg sold price
    $558,661
    Median sold
    $535,950
    Avg days on market
    42
    Recently sold
    216
    See comparable sales
    Excellent development opportunity with this hidden gem amongst other residential properties with 155' of Frontage and the deepest point of the Lot at 214' deep, facing the Welland River!
  5. Precedent has been set on the street with Lots two doors down from this property at (37 & 39 Riverside Dr) severed with semi detached builds on them.
  6. Ideal location 5 minutes from downtown, close to schools, bus routes, groceries, and all other amenities.
  7. Home on property is in need of heavy repair it was built in 1885.
  8. Ask Zara a follow-up

    Parking & garage

    1
    Driveway
    Private
  9. Exterior & construction

    1
    View
    River, Trees/Woods
  10. Lot & land

    1
    Zoning
    RL1
  11. Listing & possession

    3
    Occupancy
    FLEXIBLE IF NEED BE
    Property style
    Other
    Property class
    Vacant Land
  12. Clear View
  13. Combined estimate
    $2,979
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $2,701
    /mo
    based on the purchase price of $549,900
    $109,980 cash
    $439,920 financed
    $370,528 total interest
    Monthly payment$2,701/ month
    Principal54%$439,920
    Interest46%$370,528

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

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    Comparable vacant lands that just sold in Welland

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 186 Lincoln Street
      Sold
      Sign in for price
      186 Lincoln Street
      Vacant Land
    • 423 Fitch Street
      Sold
      Sign in for price
      423 Fitch Street
      Vacant Land
    • N/A HARRIET (VACANT LOT) Street
      Sold
      Sign in for price
      N/A HARRIET (VACANT LOT) Street
      Vacant Land
    • V/L FORKS Road
      Sold
      Sign in for price
      V/L FORKS Road
      Vacant Land
    • 54 Crowland Avenue
      Sold
      Sign in for price
      54 Crowland Avenue
      Vacant Land
    AddressBd / BaSqftSold$/sqft% of askSold
    45 Riverside DriveThis home0 / 0700$549,900ask$786——
    186 Lincoln Street0 / 0——
    423 Fitch Street0 / 02,500—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  14. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  15. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  16. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  17. Public listing courtesy of REVEL Realty Inc., Brokerage · displayed on Summitly per MLS® data-share rules

    45 Riverside Drive is a < 700 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  18. When was 45 Riverside Drive built?

    The year built for 45 Riverside Drive isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  19. What is the property tax for 45 Riverside Drive?

    The 'Property tax' tab in the History section shows the most recent annual tax for 45 Riverside Drive plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  20. How much would the monthly mortgage be on 45 Riverside Drive?

    The affordability calculator on this page shows an estimated monthly mortgage for $549,900 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  21. Has 45 Riverside Drive been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 45 Riverside Drive with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  22. What neighbourhood is 45 Riverside Drive in?

    45 Riverside Drive is in Broadway, Welland. The 'Neighbourhood' section below links to the live Welland real estate hub with average sold price, days on market, and current inventory.

  23. Is Welland a good place to live?

    Welland is one of ON's actively-tracked Summitly markets. The full Welland real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  24. N/A HARRIET (VACANT LOT) Street
    0 / 0
    —
    —
    V/L FORKS Road0 / 0700—
    54 Crowland Avenue0 / 01,100—