Home with vinyl exterior material, street for 118 River Rd, Welland Ontario L3B 2R9
33 days on Market

118 River Rd, Welland, Ontario L3B 2R9

Townhouse
6
3
~2000-2500 sqft
$•••,•••
$825,000
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Townhouse
6
3
~2000-2500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$371/sqft

Est. Mortgage$3,543/mo

Tax Amount (2024)$3,608/yr

Days On Market33 days


Description

Remarkable find in the City. Waterfront property with all the downtown/city privileges. This unique side by side Semi's each features their own furnace (2022) and tank less hot water unit (2022) Unit 1 has 3 bedrooms, and 2 bathrooms, and Unit 2 has 3 bedrooms and 1 bathroom. Unit 1 is owner occupied and Unit 2 is vacant. Unit 2 was previously rented for 2,000 per month plus utilities. Walk to the downtown bus station this property is well cared for and would make a great investment property, or for a large family that needs 2 separate units. There is one water meter. Both units have unfinished basements. All the appliances are included. Large private back yard. Zoned RL2. Close to the hwy and shopping. Parks nearby and situated right across the river is Merritt Island. You have a great view of the Bridge and can view boats going by while you sit on the front porch. No rear neighbours. Plumbing updated in 2021.


Property Details

Style2-Storey
ViewDowntown, Water, River, Trees/Woods, Bridge
Age of property51-99
SqFt~2000-2500 SqFt
Lot Size5,800 SqFt(116 x 50)
Parking Spaces3
MLS ®NumberX12067473
Community NameMarket Square
Data SourceTRREB
Listing byRIGHT AT HOME REALTY, BROKERAGE

Features

Heating: Forced Air
Cooling: Window Unit
Basement: Unfinished

Features

Lot size: 5,800 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 3


Property listed by RIGHT AT HOME REALTY, BROKERAGE, Brokerage
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Market Data - Market Square

Geo Zone Map ThumbnailMarket Square

Seller's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

41 days

Compared to

2024

54 days

2023

0 day

2022

33 days

New Listings

Past 30 days

2 listings

Compared to

2024

4 listings

2023

1 listing

2022

0 listing

Units sold

Past 30 days

2 units

Compared to

2024

1 unit

2023

0 unit

2022

1 unit

Median Sold Price

Past 30 days

$494,900

Compared to

2024

$610,000

2022

$505,000


Population and Demographics

Overview

Total population 3374
Average household income $73,254

Age (%)

50 to 64
23%
20 to 34
21%
65 and plus
20%
0 to 19
19%
35 to 49
17%

Household composition (%)

Single person
48%
Single family
46%
Multi person
6%
Multi family
0%

Mother tongue (%)

English
87%
French
7%
Others
3%
English and French
1%
Spanish
1%

House tenancy (%)

Renters
64%
Owners
36%

Schools and amenities

Estimated Budget