Button CopyPathCircle CloseCircle Left ArrowArrow Down Icon GreyClosecirclecircleBurger
Français

Your personal VOWS Listing Portal is provided by Royal LePage Real Estate Services, Brokerage

  • Advertising

42 Riverside Drive, Welland, ON, L3C 5E2

MLS® # 40534390
Investment For Sale In West Main, Welland, Ontario
$549,000
42 Riverside Drive, Welland, ON
42 Riverside Drive, Welland, ON
42 Riverside Drive, Welland, ON
42 Riverside Drive, Welland, ON
42 Riverside Drive, Welland, ON
42 Riverside Drive, Welland, ON
42 Riverside Drive, Welland, ON
42 Riverside Drive, Welland, ON
42 Riverside Drive, Welland, ON
42 Riverside Drive, Welland, ON
42 Riverside Drive, Welland, ON
42 Riverside Drive, Welland, ON
42 Riverside Drive, Welland, ON
42 Riverside Drive, Welland, ON
42 Riverside Drive, Welland, ON
42 Riverside Drive, Welland, ON
42 Riverside Drive, Welland, ON
42 Riverside Drive, Welland, ON
42 Riverside Drive, Welland, ON
42 Riverside Drive, Welland, ON
42 Riverside Drive, Welland, ON
42 Riverside Drive, Welland, ON
42 Riverside Drive, Welland, ON
42 Riverside Drive, Welland, ON
42 Riverside Drive, Welland, ON
42 Riverside Drive, Welland, ON
42 Riverside Drive, Welland, ON
42 Riverside Drive, Welland, ON
42 Riverside Drive, Welland, ON
42 Riverside Drive, Welland, ON
42 Riverside Drive, Welland, ON
42 Riverside Drive, Welland, ON
  • Advertising
Home Insurance - TD Insurance
Get a home insurance quote online for this $549,000 property in Welland
Provided by TD Insurance

Home Insurance - TD Insurance

Get a home insurance quote online for this $549,000 property in Welland

Provided by TD Insurance
Advertisement
ACTIVE
42 Riverside Drive, Welland, ON, L3C 5E2
$549,000

Property Information:

Unique Investment opportunity with this legal Multi-Unit (4) located directly on the Welland River! *VACANT POSSESSION OF ALL 4 UNITS* 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 extensive work (update interior finishes throughout) 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, $750/month + hydro for Bachelor unit giving it a potential total gross rent of $5750/month or $69,000/yr! The potential of this property alone makes it worth a look to see if the numbers may work for you! Book your showing today!

Inclusions: Other,Turn Key Everything Included.

Building Features:

  • Floor Space: 2474 Square Feet

Property Features:

  • Bedrooms: 6
  • Acres Range: < 0.5
  • Basement: Separate Entrance, Walk-Out Access, Full, Unfinished
  • Built in: 1918
  • Construction Materials: Vinyl Siding
  • Cooling: Wall Unit(s)
  • Docking Type: None
  • Driveway Parking: Private Drive Triple+ Wide
  • Floor Space (approx): 2474 Square Feet
  • Heating: Natural Gas, Radiant
  • Interior Features: Separate Heating Controls, Separate Hydro Meters, Other
  • Laundry Features: Shared
  • Lot Depth: 70 Feet
  • Lot Features: Rectangular, Ample Parking, Dog Park, City Lot, Near Golf Course, Greenbelt, Hospital, Open Spaces, Park, Place of Worship, Public Parking, Public Transit, School Bus Route, Schools, Shopping Nearby
  • Lot Frontage: 45.00 Feet
  • Other Structures: Workshop
  • Parking Features: Asphalt
  • Roof: Flat
  • Water Source: Municipal
  • Waterfront Features: River, River Front
  • Zoning: RL2
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 6

Courtesy of: REVEL Realty Inc., Brokerage

Data provided by: Niagara Association of REALTORS® 116 Niagara Street, St. Catharines, Ontario L2R 4L4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

More Detail
Less Detail

Sales/Price History

Log in or create an account to see sold and historical listings information

Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 42 Riverside Drive, Welland, ON, L3C 5E2

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk:

39 hot days expected in 2050

Projected Storm Risk: Very High

14 storms expected in 2050

Projected Heat Risk: Very High

39 hot days expected in 2050

62/100

ClimateCheck®

Current data

This property, 42 Riverside Drive , experiences 7 hot days per year at around 30.2 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 39 hot days at 33.9 degrees Celsius.

Projected Avg. Temperature

Past
30.2℃
2050
33.9℃

# Hot Days Per Year

Past
7
2050
39

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk:

14 storms expected in 2050

64/100

ClimateCheck®

Current data

This property, 42 Riverside Drive , experiences 11 significant 2-day storms per year, with about 326.3mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 404.5mm of precipitation per year.

Precipitation Per Storm

Past
326.3mm
2050
404.5mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

More Detail
Less Detail

Demographic Information of 42 Riverside Drive, Welland, ON, L3C 5E2

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$84,420.54

Average Number of Children

1.60

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.17 %

High school certificate or equivalent

36.88 %

Apprenticeship trade certificate/diploma

6.38 %

College/non-university certificate

28.11 %

University certificate (below bachelor)

0.62 %

University Degree

10.84 %

Commuter

Travel To Work

By Car

89.93 %

By Public Transit

2.98 %

By Walking

5.37 %

By Bicycle

0.0 %

By Other Methods

1.72 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

29.93 %

Houses

70.07 %

Own Vs. Rent

More Detail
Less Detail
Back to top