258 Hellems Ave, Welland

$699,000

For sale: Vacant Land

Vacant Land at 258 Hellems Ave, Welland
Property type
Land
Bedrooms / bathrooms
2 bathrooms
MLS®
MLS® X12918780
Neighbourhood
768 - Welland Downtown

Income generating property with development potential! Excellent investment opportunity featuring a beautiful bungalow with 5 existing rentals on main level plus a separate entrance basement apartment. At the rear, a 2470 sqft warehouse, separately metered, with a drive-in door offers additional income potential (120V & 220V). Included are suggestive drawings to build a 6-plex above the warehouse. The property sits on a deep 42' x 210' lot. Versatile, income-producing, and primed for development, a rare find in a growing area of Welland. Existing rental information is provided.Can be purchased together with 258 Hellems for 948,900.

Sold data

Homes in Welland — recent sold market

Homes in Welland 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.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.

Median days to sell
31
Median sale price
$539,950
Sale-to-list ratio
96.9%
Sold above asking
5%

Based on 182 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Welland

Welland has 23 Fraser Institute–rated schools (18 elementary and 5 secondary), averaging 6.5/10.

Rated schools
23
Elementary
18
Secondary
5
Average rating
6.5 / 10

Top-rated schools in Welland

  • Plymouth — elementaryFraser rating 10.0/10
  • Fitch Street — elementaryFraser rating 8.1/10
  • Glendale — elementaryFraser rating 8.1/10
  • Holy Name — elementaryFraser rating 7.9/10
  • Quaker Road — elementaryFraser rating 7.6/10
  • Diamond Trail — elementaryFraser rating 7.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 258 Hellems Ave