94 River Road, Welland

$599,900
94 River Road

$599,900

New
22d
Detached2 1/2 Storey

94 River Road, Welland

Total Monthly Obligation $3,084

Beds
3
Baths
2
Park
2
Sqft
1100-1500
DOM
22d
Score
20
Yield
5.2%
Cash on Cash
-1.6%
Cap Rate
4.2%
5Y IRR
14.3%
10Y IRR
13.6%
Property Type-Detached
MLS® Number-X13848944
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-50 × 198 ft
Listed on site-Oct 1, 2026
Style-2 1/2 Storey
Building Type-Detached
Age-100+
Taxes-$3,467.79 (2025)
Parking-2 - None
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-MICHAEL ST.JEAN REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-Above Ground
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Stone
Sewer-Sewer
Possession-TBD
Neighbourhood-768 - Welland Downtown
Title-Residential Freehold

No agent assigned

Welcome to 94 River Road, a beautifully updated century home that perfectly blends timeless character with modern comfort in one of Welland's most picturesque settings.Overlooking the Welland River and situated on an impressive 50 x 198 foot lot, this move in ready home offers approximately 1,408 square feet of thoughtfully updated livingspace just minutes from schools, parks, shopping, downtown Welland, and Highway 406. Step inside to discover the perfect balance of historic charm and contemporary finishes. The updated kitchen features granite countertops, ample cabinetry, and modern appliances, with spacious principle rooms, abundant natural light, and original architectural details creating a warm and inviting atmosphere throughout. Recent improvements, including updated electrical wiring and pulling, including city water & sewer(2021 & 2017); providing the comfort and peace of mind today's buyers are looking for. Offering three bedrooms and two bathrooms, this home provides a functional layoutthat is equally suited to families, professionals, or those looking for a unique character property. Step outside to your private backyard retreat where the expansive lot offers mature trees, plenty of green space, and an above-ground heated pool, creating the perfect setting for summer entertaining or relaxing with family and friends. Combining the charm and craftsmanship of a century home with tasteful modern updates, an oversized lot, and a beautiful riverfront setting, 94 River Road is a rare opportunity to own a truly special property in one of Welland's most established neighbourhoods.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$479,920
Land Transfer Taxes$8,473
Legal Fees (Est.)
$
Total cash required for closing$129,953

Total Monthly Obligation

$3,084/mo
Mortgage $2,420
Monthly Loss $2,447
Principal$637
Interest$1,783
Property Tax$289
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.4%21
Cash-on-Cash
-6.8%1
5-Year IRR
10.2%37
10-Year IRR
10.8%
Returns Index
19.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$31,320/yr
NOI
$20,220/yr
Net Cash Flow
-$735/mo
Cash Margin
-28.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7010
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo52
Risk Index
26.8/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 94 River Road

Time

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