$344,900
For sale: Vacant Land

Calling all Builders and Investors to check out this Large (60'x90') PRIME Building Lot at 23 and 29 Dexter Drive in Welland. Located in a Fantastic area and situated in a Family Friendly Neighborhood near schools (including Niagara College), parks and shopping. This Building Lot has been Approved by the City of Welland to have Two Semi-detached units (2 homes) built on it. Being so close to Niagara College makes this a Perfect INVESTMENT situation for a Brand New Home to be built with an in-law or 1-2 accessory apartments to be rented out. Huge Potential Money Maker. Once again this lot is in a Fantastic North-End area of Welland as it is located in a very quiet area near parks, schools (Niagara College) and a short drive to Seaway Mall.
Sold data
Homes in Welland (Prince Charles) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.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 (Prince Charles) 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.
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