$574,900
94 River Road, Welland, ON L3B 2R9
Welland Downtown
Listing courtesy of MICHAEL ST.JEAN REALTY INC.
Welland Downtown · L3B 3B7
$649,000
$590 / sq ft1 months on market
Income generating property with development potential! Excellent investment opportunity featuring a beautiful bungalow with 5 existing rentals on main level plus a separate entrance basement apartment. At the rear, a 2470 sqft warehouse, separately metered, with a drive-in door offers additional income potential (120V & 220V). Included are suggestive drawings to build a 6-plex above the warehouse. The property sits on a deep 42' x 210' lot. Versatile, income-producing, and primed for development, a rare find in a growing area of Welland. Existing rental information is provided.
10 rooms. Dimensions as published by the listing brokerage.
| Room | Level | Dimensions | Features |
|---|---|---|---|
| Kitchen | Main | 4.26 × 3.35 m14.0 × 11.0 ft | — |
| Bedroom | Main | 3.35 × 3.35 m11.0 × 11.0 ft | — |
| Bedroom 2 | Main | 3.35 × 3.35 m11.0 × 11.0 ft | — |
| Bedroom 3 | Main | 3.35 × 3.35 m11.0 × 11.0 ft | — |
| Bedroom 4 | Main | 3.35 × 3.35 m11.0 × 11.0 ft | — |
| Bedroom 5 | Main | 3.35 × 3.35 m11.0 × 11.0 ft | — |
| Kitchen | Basement | 6.70 × 4.26 m22.0 × 14.0 ft | Combined w/Living |
| Living Room | Basement | 6.70 × 4.26 m22.0 × 14.0 ft | Combined w/Kitchen |
| Bedroom | Basement | 3.35 × 3.35 m11.0 × 11.0 ft | — |
| Bedroom | Basement | 3.35 × 3.35 m11.0 × 11.0 ft | — |
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced above most comparable listings — about 86% of comparable detached listings in Welland Downtown are asking less.
Based on 22 comparable active detached listings in Welland Downtown. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $649,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of RE/MAX ESCARPMENT REALTY INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
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$574,900
Welland Downtown
Listing courtesy of MICHAEL ST.JEAN REALTY INC.
$659,900
Welland Downtown
Listing courtesy of HOMELIFE/MIRACLE REALTY LTD