318 River Road
Welland, ON
5 bed • 4 bath • approx. 1500-2000 sqft • Semi-Detached • 142 days on market
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.
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Listing Details
- Taxes (2025)
- $4,469
- Originally Listed
- $749,900
- Listed
- April 2, 2026
Price History
Listing history
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Property
- Style
- 2-Storey
- Age
- 0-5
- Construction
- Aluminum Siding, Stone
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Interior
- Accessory Apartment, ERV/HRV, In-Law Suite, On Demand Water Heater, Separate Hydro Meter, Separate Heating Controls
- Lot Size
- 23.67 x 110 Feet
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- East Main or Woodlawn
- Zoning
- RL2
- Parcel Number
- 644220371
- Possession
- Immediate
Commercial
- Occupancy
- Tenant
Included
- Inclusions
- Dishwasher, Dryer, Refrigerator, Stove, Washer, Basement Fridge, Basement Stove, Basement Washer, Basement Dryer
- Exclusions
- Tenants belongings
- Rental Items
- HWT, Tankless Hot Water Heater
Schools
Secondary
- Notre Dame College School0.6 km
Catholic · Niagara CDSB · 1130 students
Grade 10 literacy: 85% met the provincial standard
- ÉSC Saint-Jean-de-Brébeuf1.2 km
French Catholic · CS catholique MonAvenir · 390 students
Grade 10 literacy: 91% met the provincial standard
- École secondaire Franco-Niagara1.8 km
French public · CS Viamonde · 120 students
Grade 10 literacy: 100% met the provincial standard
Elementary
- St Kevin Catholic Elementary School0.7 km
Catholic · Niagara CDSB · 390 students
Grade 3 reading: 91% met the provincial standard · Grade 6 math: 92% met the provincial standard
- Ross Public School1 km
Public · DSB Niagara · 290 students
Grade 3 reading: 56% met the provincial standard · Grade 6 math: 43% met the provincial standard
- St Andrew Catholic Elementary School1.4 km
Catholic · Niagara CDSB · 320 students
Grade 3 reading: 78% met the provincial standard · Grade 6 math: 96% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area L3B
- Population
- 25,869
- Private dwellings
- 11,617
- Median age
- 43.2
- Average household size
- 2.3
- Median household income
- $66,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Welland · last 12 months
- Median sold price
- $535,000
- Homes sold
- 767
- Median days on market
- 33
- Sale-to-list price
- 96.3%
Based on 767 recorded sales of residential freehold properties in Welland over the last 12 months.
Rooms
2-piece on Ground, 4-piece on Second, 4-piece on Basement, 5-piece on Second
Second
- Bathroom9'1" x 5'5"
- Bedroom13'10" x 11'3"
- Bedroom 210'2" x 10'
- Bedroom 311' x 9'6"
- Bedroom 410'8" x 9'9"
Ground
- Bathroom8' x 4'5"
- Dining Room17'9" x 11'5"
- Foyer21'6" x 5'1"
- Kitchen19'9" x 7'8"
- Utility Room5'5" x 11'
Basement
- Bedroom13' x 9'1"
- Kitchen17' x 9'9"
- Living Room10'2" x 8'10"
Listed by
ROYAL LEPAGE NRC REALTY
Location
Mortgage Calculator
$143,980
Estimated Monthly Payment
$3,537
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,537/mo (20% down, 5.5%)
Taxes: $372/mo · Insurance: $180/mo
Estimates only. Consult a financial advisor.
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