$199,900
For sale: Vacant Land

Rare opportunity to build in a well-established Welland neighbourhood! This 25' x 110' RL1- zoned vacant building lot offers excellent potential for a custom home or investment property, subject to all required approvals. Municipal services, including water, sanitary sewer, hydro, natural gas and other utilities, are available at the road (buyer to verify connection requirements and costs). Conveniently located close to schools, parks, shopping, public transit and major amenities. An ideal opportunity for builders, investors or anyone looking to build their dream home. Lots 209 Iva, 229 Iva, 201 Iva, and 215 Iva are available to be purchased together
Sold data
Homes in Welland (Lincoln/Crowland) took a median of 31 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 59, across 182 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.
The median sale price was $539,950.
Homes sold for about 3.1% below asking on average, so there was room to negotiate.
About 5% of sales closed above the list price.
Around 35% of sellers reduced their price before finding a buyer.
Based on 182 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Welland (Lincoln/Crowland) has 23 Fraser Institute–rated schools (18 elementary and 5 secondary), averaging 6.5/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

$189,900
Vacant Land24 SOUTH MAIN (REAR VACANT LOT) STREET, 561 - Port Robinson, Thorold

$195,000
Vacant LandVL NORTH CAYUGA STREET W, Dunnville, Haldimand

$249,900
Vacant Land215 IVA STREET, 773 - Lincoln/Crowland, Welland

$159,900
Vacant Land83 ST. GEORGE STREET, 772 - Broadway, Welland

$254,900
Vacant Land201 IVA STREET, 773 - Lincoln/Crowland, Welland

$169,900
Vacant LandVL 263 CHERRYWOOD AVENUE, 337 - Crystal Beach, Fort Erie

$169,900
Vacant LandV/L PATRICIA STREET, 557 - Thorold Downtown, Thorold

$165,000
Vacant LandN/S HIAWATHA AVENUE, 335 - Ridgeway, Fort Erie