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Last Updated : 3 Days ago
42 Riverside Dr, Welland, Ontario,
MLS Number: X8033618

This Property is Sold Out Explore Other MLS Listings

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42 Riverside Dr, Welland MLS Number: X8033618

Welland, Niagara, ON, L3C 5E2

$XXX,XXX

Status: Expired

  • 6+ Beds
  • 4 Baths
  • Area : 2000-2500 sqft
  • Property Type: Residential (Fourplex)
  • Property Taxes : $4533.55 (Tax Year:2023)
  • Listing Courtesy : Revel Realty Inc.

42 Riverside Dr Property Description

Unique Investment opportunity with this legal Multi-Unit (4) located directly on the Welland River! *VACANT POSSESSION AFTER APRIL 1/24* 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 work 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, $1000/month + hydro for Bachelor unit giving it a potential total gross rent of $6000/month or $72,000/yr! The potential of this property alone makes it worth a look to see if the numbers may work for you!

42 Riverside Dr Property Facts

Property Type :Residential
Area :2000-2500 sqft
MLS Number :X8033618
Listing Type :Sale
Possession Date :
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Last Updated :27 Apr, 2024 (3 Days ago)
Property Age :100+ years
Area :Niagara
Postal Code : L3C 5E2
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Source :TRREB

42 Riverside Dr Property Price & Tax Insights

Price :$499,000
Property Taxes :$4533.55
Tax Year :2023

Property Details for 42 Riverside Dr, Niagara, Ontario

Bedrooms :6 +
No. of Rooms :14
Air Conditioning :Wall Unit
Heating :Radiant
Place of Worship :No
Cross Street :Wade
Bathrooms :4
Fuel :Gas
Approx Square Footage :2000-2500 sqft

Exterior Information

Exterior Finish :Vinyl Siding
Internet :Yes
Parking Space :6
Basement :Full
Garage :None

Other Property Details for 42 Riverside Dr, Niagara, Ontario

Public Transit :No
School :No

42 Riverside Dr, Niagara - Price History

2024-04

27 Apr, 2024

TREB #X8033618

Expired

$499000.0

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About 42 Riverside Dr, Niagara

42 Riverside Dr brings to you its latest residential development at a prime location in Niagara, Ontario.

REVEL REALTY INC. presents 42 Riverside Dr to the aspiring future-residents. The Property is for Sale and Expired, it offers high capital appreciation and available at a price of 499,000. 42 Riverside Dr is the most luxurious Resedential nestled in , Niagara, Ontario Canada. 42 Riverside Dr development is a master-planned residential community located in Canada. These mesmerizing and breath-taking Fourplex are the ideal fit for those who aspire to live an opulent life in the most sought-after locality. the area is intended to create a safe and welcoming pedestrian experience. The residences of 42 Riverside Dr embody modern sophistication combined with the charm of the classic.

The residents at 42 Riverside Dr can enjoy exclusive access to an array of top-notch area size 2000-2500 sqft. Wait there’s more! 42 Riverside Dr also offers impressive exterior and interior features and finishes to offer you a lavishing lifestyle. It also covers 6+ beds, 4 baths.

Square Yards is offering Cashback amount of $2,495 on Booking the inventory, the project is live since 3 Days, there is 9.11% Drop in Price since 2024-04-11. Niagara Real Estate offers mls multiple listing service from the real estate board of Niagara. Square Yards offers quality services provided by trusted real estate agent and professionals who support in buying home or renting a property.

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