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318 RIVER ROAD, Welland (Welland Downtown) — listed at $719,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
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:60164)
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | Ground level | 6.02 x 2.34 meters |
| Living room | Basement | 3.1 x 2.69 meters |
| Bedroom | Basement | 3.96 x 2.77 meters |
| Kitchen | Basement | 5.18 x 2.97 meters |
| Dining room | Ground level | 5.41 x 3.48 meters |
| Bathroom | Ground level | 2.44 x 1.35 meters |
| Utility room | Ground level | 1.65 x 3.35 meters |
| Foyer | Ground level | 6.55 x 1.55 meters |
| Bedroom | Second level | 4.22 x 3.44 meters |
| Bedroom 2 | Second level | 3.1 x 3.05 meters |
| Bedroom 3 | Second level | 3.35 x 2.9 meters |
| Bedroom 4 | Second level | 3.25 x 2.97 meters |
| Bathroom | Second level | 2.77 x 1.65 meters |
Is 318 RIVER ROAD a good fit for a growing family?+
With 5 bedrooms and 4 bathrooms, there's room for kids plus a guest room or home office. The 2-storey layout keeps living and sleeping areas separated.
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
Does it have a basement, and is it finished?+
The listing describes the basement as: Apartment in basement, Separate entrance, N/A, N/A. Confirm the finishing status during a showing — it affects both livable space and resale value.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $4,468.68, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Could this work as an investment property?+
The basement description mentions: Apartment in basement, Separate entrance, N/A, N/A. If it has a separate entrance, there may be rental income potential — but verify zoning and whether a legal second unit is permitted in Welland (Welland Downtown) before counting on it.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
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