What is the square footage of 42 Riverside Drive?

42 Riverside Drive (MLS X12987370) has a size of 2000-2500 square feet.

How many bedrooms and bathrooms does 42 Riverside Drive have?

There are 4 bedrooms and 4 bathrooms at 42 Riverside Drive (X12987370).

Which direction is 42 Riverside Drive facing?

42 Riverside Drive (MLS X12987370) is facing East direction.

How much are the property taxes at 42 Riverside Drive?

42 Riverside Drive (X12987370) last taxes were $4906.

What is the listing price for 42 Riverside Drive?

42 Riverside Drive is for Sale with price of $629999.

When did 42 Riverside Drive go on the market for Sale?

Property was listed for Sale on Sat Apr 11 2026 00:00:00 GMT+0000 (Coordinated Universal Time).

42 Riverside Drive, Welland, ON L3C 5E2

$629,999

Fourplex | 2-Storey 64 days ago

42 Riverside Drive

772 - Broadway, Welland, Niagara $629,999

Make an offer

4 Beds

4 Baths

2000-2500 sqft

Parking for 2

East Facing

Watchlist

Co-Ownership

Partner with others for this property

MLS®#:: X12987370
Property Type:: Fourplex
Property Style:: 2-Storey
Area:: Niagara
Community:: 772 - Broadway
Taxes:: $4,906 / 2025
Added:: April 11 2026
Lot Frontage:: 45
Lot Depth:: 67

Status:: Active
Outside:: Vinyl Siding
Year Built:
Basement:: Other
Brokerage:: HOMELIFE G1 REALTY INC.

Lot :: 67
45

Intersection:: Main Street East & price Charles Drive North
Rooms:
Bedrooms:: 4
Bathrooms:: 4
Fireplace:

Utilities
Water:: Municipal
Cooling:: None
Heating Type:: Forced Air
Heating Fuel:

Listing Details

Four-unit income property located along the Welland River. Property features three 1-bedroom units currently tenanted, with one unit under renovation. Property offers a riverfront setting with views of the Welland River and is suitable for investors or buyers seeking rental income.2nd Vendor Take-Back (VTB) Mortgage Available. Conveniently located near local amenities, schools, and transit.

Insights

Strong Income Potential: This legal four-unit property has a projected gross income of approximately $4,200/month, translating to an annual income of around $81,000, making it an attractive investment for cash flow.
Versatile Multi-Family Layout: The property features three 1-bedroom units and one bachelor unit, catering to a diverse range of tenants and maximizing rental opportunities.
Future Growth Prospects: Located directly on the scenic Welland River, this property not only offers steady rental income but also potential for long-term appreciation in a desirable area.