8 Downriver Drive, Welland, ON
L3B 0M5
Listed September 25, 2026
About this property
Welcome to 8 Downriver Drive, Welland! This bright and spacious 2-storey home sits on a desirable corner lot just steps from the Welland Canal. Offering 4+1 bedrooms and 3 bathrooms, the home features a functional layout with plenty of natural light and comfortable living space throughout. All four bedrooms are conveniently located on the second floor along with the laundry room, making everyday living that much easier. The spacious primary bedroom features a walk-in closet and private ensuite. Enjoy the convenience of being close to shopping, schools, parks, restaurants and everyday amenities, while the nearby canal and recreational trails provide a peaceful setting for walking, cycling and enjoying the outdoors. The property is currently tenanted by fantastic tenants who truly love the home and have treated it with great care. A bright, well-kept home with a spacious layout, great location and plenty to offer!
Features
Property Details
Listing
Property
Location
Taxes & Financials
Cost of Ownership Calculator
What it could cost each month to own 8 Downriver Drive — mortgage, property taxes, fees, insurance, utilities and upkeep. Change any number to match your situation.
Your mortgage
$129,980 · Minimum $39,990
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
$4,433/mo
About $53,196 a year
- $2,875
- $561
- Home insurance$125
- Utilities$330
- Maintenance & repairs$542
Cash needed to close
- Down payment (20%)
- $129,980
- Ontario land transfer tax
- $9,473
- Legal fees, title insurance & inspectionEstimate
- $2,500
- Total
- $141,953
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
8 Downriver Drive, Welland, ON
Map data © GoogleOpen in Google Maps ↗
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Last Updated: September 25, 2026
Listing Office: COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE
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