54 Riverside Drive, Welland, ON
L3C 5E2
Listed September 24, 2026
About this property
Waterfront bungalow located minutes from Downtown Welland and nearby amenities. This updated 2-bedroom, 2-bathroom home offers comfortable living with waterfront views and access to a variety of outdoor activities. The property features a finished basement that may provide additional living or rental potential, subject to buyer verification and applicable requirements. Enjoy fishing, boating, kayaking and the waterfront setting from your own property. Buyers and their agents to conduct their own due diligence regarding permitted uses, rental potential, measurements and applicable municipal requirements.
Features
Property Details
Listing
Property
Location
Taxes & Financials
Cost of Ownership Calculator
What it could cost each month to own 54 Riverside Drive — mortgage, property taxes, fees, insurance, utilities and upkeep. Change any number to match your situation.
Your mortgage
$115,000 · Minimum $32,500
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
$3,780/mo
About $45,360 a year
- $2,543
- $303
- Home insurance$125
- Utilities$330
- Maintenance & repairs$479
Cash needed to close
- Down payment (20%)
- $115,000
- Ontario land transfer tax
- $7,975
- Legal fees, title insurance & inspectionEstimate
- $2,500
- Total
- $125,475
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
54 Riverside Drive, Welland, ON
Map data © GoogleOpen in Google Maps ↗
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Last Updated: September 24, 2026
Listing Office: HOMELIFE G1 REALTY INC.
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