42 Riverside Drive, Welland, ON
L3C 5E2
Listed August 26, 2026
About this property
PICTURE-PERFECT WATERFRONT LOCATION! Enjoy riverfront living just minutes from Downtown Welland and nearby amenities. This nicely updated bungalow features 2 bedrooms and 2 bathrooms, along with additional finished living space in the basement. Enjoy beautiful waterfront views and convenient access to fishing, boating, kayaking and other outdoor activities. A wonderful opportunity to enjoy a peaceful waterfront lifestyle with plenty of potential.
Property Details
Listing
Property
Location
Taxes & Financials
Cost of Ownership Calculator
What it could cost each month to own 42 Riverside Drive — mortgage, property taxes, fees, insurance, utilities and upkeep. Change any number to match your situation.
Your mortgage
$130,000 · Minimum $40,000
Use the rate your lender or broker quotes you.
Monthly costs
From the listing (2026 tax bill).
Leave at $0 if there isn't one.
Typical for this kind of home.
Hydro, heating, water and sewer.
About 1% of the price a year, set aside.
One-time costs
A typical estimate — your lawyer will confirm.
Estimated monthly cost of ownership
$4,281/mo
About $51,372 a year
- $2,875
- $409
- Home insurance$125
- Utilities$330
- Maintenance & repairs$542
Cash needed to close
- Down payment (20%)
- $130,000
- Ontario land transfer tax
- $9,475
- Legal fees, title insurance & inspectionEstimate
- $2,500
- Total
- $141,975
Estimates only — not a mortgage approval, quote or tax advice. Payments assume a fixed rate compounded semi-annually; minimum down payments, mortgage insurance and land transfer tax follow current CMHC and Ontario rules. Insurance, utilities and upkeep are typical figures for the area. Your lender, lawyer and insurer will confirm your exact costs.
Location & Walkability
42 Riverside Drive, Welland, ON
Map data © GoogleOpen in Google Maps ↗
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Last Updated: August 26, 2026
Listing Office: HOMELIFE G1 REALTY INC.
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