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For sale · MLS® X14082932

49 Division Street, Welland, ON L3B 3Z5

Welland, ON L3B 3Z5

$695,000Asking price
— Bedrooms— Bathrooms0 Reported areaLand Type

About this property

Prime downtown Welland opportunity with exceptional development potential! Strategically located in the heart of the city, this versatile property offers flexible zoning with a wide range of permitted uses, making it ideal for investors, developers, and business owners. Potential uses include short-term accommodations, professional offices, retirement residences, boarding houses, mixed-use and various commercial applications. Zoning permits development of up to 8 storeys, providing significant potential to maximize the property's value. Ideally situated within walking distance to the Welland Canal, downtown shops, restaurants, services, and amenities. Located in an area experiencing continued revitalization and investment, this is an excellent opportunity to secure a property with long-term upside and multiple development possibilities. Seller may consider attractive Vendor Take-Back (VTB) financing for qualified buyers. A rare opportunity to bring your vision to life in the growing downtown core of Welland!

Property facts & features

Property type
Land
MLS® number
X14082932
Source status
New
Bedrooms
Not provided
Bathrooms
Not provided
Reported interior area
0
Neighbourhood
Not provided
Postal code
L3B 3Z5
Garage
None
Lot depth (source units)
118
Annual property tax
11000
Basement
Not provided
Laundry
Not provided
Interior features
Not provided
Exterior features
Not provided

Values and units are reported by the listing source. Verify measurements and fees with the brokerage.

Floor plans & room measurements

Floor plans and verified room measurements are not available for this property.

Property value & listing history

Current authorized listing record

New · $695,000

Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.

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Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.

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Location & neighbourhood

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Listing brokerage: RE/MAX ESCARPMENT GOLFI REALTY INC.. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X14082932. Information deemed reliable but not guaranteed.

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