$399,995
For sale: Vacant Land

DEVELOPMENT OPPORTUNITY IN WELLAND! 40' x 118' residential building lot, zoned RL2, with municipal services available at the road. An exciting opportunity for builders and investors with approved drawings for a 9-unit multiplex. Ideal site for a purpose-built multi Approved residential project in a growing market approved drawings available with an accepted offer. Buyer to conduct their own due diligence regarding zoning, development potential, servicing, approvals and permit requirements with the City of Welland.
Sold data
Homes in Lincoln Crowland took a median of 26 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 64, across 49 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 40 days.
The median sale price was $399,999.
Homes sold for about 3.3% below asking on average, so there was room to negotiate.
About 6% of sales closed above the list price.
Around 37% of sellers reduced their price before finding a buyer.
Based on 49 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. 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

$375,000
Vacant Land31810 JACOB LANE, 879 - Marshville/Winger, Wainfleet

$440,000
Vacant Land71 NICKEL STREET, 876 - East Village, Port Colborne

$370,000
Vacant Land294 LYON'S CREEK ROAD, 224 - Lyons Creek, Niagara Falls

$375,000
Vacant Land3779 V/L FARR AVENUE, 330 - Bertie Ridge, Fort Erie

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

$375,000
Vacant Land113 ACACIA ROAD, 662 - Fonthill, Pelham

$349,999
Vacant Land0 BEECHWOOD AVENUE, 337 - Crystal Beach, Fort Erie

$369,000
Vacant Land0 LAKESHORE ROAD, 333 - Lakeshore, Fort Erie