$299,900
For sale: Vacant Land

Exceptional opportunity to acquire a premium 50' x 110' RL1-zoned corner lot in an established residential neighbourhood. Corner lots offer added design flexibility and outstanding curb appeal, making this an ideal site for a custom home or future development. With increasing demand for multi-family housing, this property presents exciting redevelopment potential, subject to all municipal approvals. Buyers and their representatives are encouraged to complete their own due diligence regarding zoning, permitted uses, and development possibilities. Conveniently located close to schools, parks, shopping, public transit, and major commuter routes. A rare opportunity to secure a well-positioned vacant lot with exceptional long-term potential. 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.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

$299,900
Vacant Land138 MOYER ROAD, 765 - Cooks Mills, Welland

$299,000
Vacant Land1577 STEVENSVILLE ROAD, 329 - Mulgrave, Fort Erie

$299,000
Vacant Land6585 ASH STREET, 216 - Dorchester, Niagara Falls

$299,000
Vacant LandLOT 1 - 2518 DOMINION ROAD, 335 - Ridgeway, Fort Erie

$299,000
Vacant LandLOT 2 - 2518 DOMINION ROAD, 335 - Ridgeway, Fort Erie

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

$349,900
Vacant Land156 KINGSWAY, 774 - Dain City, Welland

$300,000
Vacant Land1375 3 HIGHWAY E, Dunnville, Haldimand