8 Downriver Drive
8 Downriver Drive
$699,900
58 days on market
About This Listing
Welcome to 8 Downriver Drive, a stunning modern two-story home situated in the highly sought-after, family-friendly community of Dain City. Offering an expansive layout and premium location, this property presents a great opportunity for families and a lucrative opportunity for the savvy investor. This 4 bed, 3 bath home is currently occupied by AAA+ tenants who treat the property like their own and strongly desire to stay, providing immediate, headache-free cash flow from day one. The upper level hosts four spacious bedrooms, thoughtfully designed to include the ultimate convenience of second-floor laundry. The primary suite serves as a private retreat, complete with a walk-in closet and a dedicated ensuite bath. Located moments from the Welland Canal, New School (currently in development), Flatwater Centre, and extensive trail networks, this property perfectly balances a tranquil lifestyle with modern convenience. Positioned in the rapidly transforming south end of Welland, Dain City is a major draw for high-quality residents migrating to the Niagara region. Minimum 24 hours notice required for showings.
| Monthly Mortgage (P&I) | $3,049 |
| Property Tax (MLS) | $561 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $3,611 |
Down payment: $139,980 (20.0%) · Mortgage: $559,920
Property tax uses MLS annual tax of $6,737/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by ROYAL LEPAGE NRC REALTY
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Data last updated: August 23, 2026 at 12:25 p.m.