318 RIVER ROAD, Welland (Welland Downtown)

$719,900

For sale: Semi-Detached/Link

Semi-Detached/Link at 318 RIVER ROAD, Welland (Welland Downtown)
Property type
Semi-Detached
Bedrooms / bathrooms
5 bedrooms, 4 bathrooms
Living area
2,000 sqft
MLS®
MLS® X12950208
Neighbourhood
768 - Welland Downtown

Welcome to modern living. A modern 4 bedroom semi plus accessory suite in the heart of Welland. Two complete units occupy this custom built two storey semi-detached home features 4 bedrooms, 2.5 bathrooms with large open concept kitchen/living/dining area that accesses the rear deck and fenced backyard. Attention to detail and craftsmanship are apparent with engineered hardwood flooring and tile throughout, custom kitchen with island, stainless steel appliances and quartz counters. Four spacious bedrooms occupy the second floor. The large primary suite features an en-suite and walk-in closet, with large windows overlooking the Welland River and Merritt Island Park. Further features include single car garage, main floor laundry, HRV system, tankless on demand hot water heater. Completing the package is a fully self contained, 1 bedroom, 1 bathroom lower accessory unit, accessed via a separate side entrance, with separate laundry, hydro and gas meters, is perfect for multi-gen living or to generate income and offset costs. Conveniently located in a quiet neighbourhood, with outdoor greenspace and trails ideal for walking along the river. Walking distance to the Downtown core complete with retail, grocery, food service, public transit and community facilities. Positioned close to Woodlawn Rd., featuring a newer big box retail hub, and Youngs Sportsplex providing east access to the Seaway Mall and Highway 406 for connection throughout the region. This property offers a ready opportunity to live in high quality construction while generating income from the lower unit.

Sold data

Semi-Detached/Link homes in Welland (Welland Downtown) — recent sold market

Semi-Detached/Link homes in Welland (Welland Downtown) took a median of 32 days to sell over the last 365 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 61, across 58 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 64 days.

The median sale price was $499,900.

Homes sold for about 3.1% below asking on average, so there was room to negotiate.

About 7% of sales closed above the list price.

Around 33% of sellers reduced their price before finding a buyer.

Median days to sell
32
Median sale price
$499,900
Sale-to-list ratio
96.9%
Sold above asking
7%

Based on 58 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Welland (Welland Downtown)

Welland (Welland Downtown) has 23 Fraser Institute–rated schools (18 elementary and 5 secondary), averaging 6.5/10.

Rated schools
23
Elementary
18
Secondary
5
Average rating
6.5 / 10

Top-rated schools in Welland (Welland Downtown)

  • Plymouthelementary, WellandFraser rating 10.0/10
  • Fitch Streetelementary, WellandFraser rating 8.1/10
  • Glendaleelementary, WellandFraser rating 8.1/10
  • Holy Nameelementary, WellandFraser rating 7.9/10
  • Quaker Roadelementary, WellandFraser rating 7.6/10
  • Diamond Trailelementary, WellandFraser rating 7.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 318 RIVER ROAD