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$719,900
Welland
318 River Road, Welland (Welland Downtown), Ontario, L3B2S4
This 5-bedroom, 4-bathroom home in Welland is for sale.
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. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 218 days on market, against an average age of 87 days across the listings currently for sale in this city
This 5-bed single family in Welland (Welland Downtown) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $719,900, about 10.8× the local median household income of $66,500.
Carrying it typically needs a household income of about $140,622 (20% down, 25-yr amortization, stress-tested) — roughly 111% above the area median.
Source: Statistics Canada, 2021 Census (FSA L3B)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.