353 DAIN AVENUE, Welland (Lincoln/Crowland)
$998,000
For sale: Multiplex
- Property type
- Investment
- Bedrooms / bathrooms
- 1 bathroom
- MLS®
- MLS® X13710174
- Neighbourhood
- 773 - Lincoln/Crowland
Excellent opportunity to own a versatile mixed-use residential/light commercial property in Welland! Situated on a generous double lot with 80' frontage, 353 Dain Avenue features a solid block construction with durable metal siding and offers approximately 3,100 sq. ft. of flexible space. Currently operating as a vehicle repair facility, the main shop spans 30' x 60' (approx. 1,800 sq. ft.) and includes a loft area, while an additional 1,300 sq. ft. garage provides ample workspace and storage. The building is equipped with 600-volt, 3-phase electrical service, propane heating, a bathroom, and a flat tar and gravel roof. A survey is available for added convenience. The expansive gravel parking area accommodates multiple vehicles with ease, making it ideal for commercial use or future redevelopment. Zoned RL2, this property offers excellent potential for conversion or redevelopment, including the possibility of up to four residential units. Natural gas is available at the property line. A rare opportunity for investors, contractors, or entrepreneurs seeking space, flexibility, and future potential in a growing area.
Sold data
Multiplex homes in Welland (Lincoln/Crowland) — recent sold market
Multiplex homes in Welland (Lincoln/Crowland) took a median of 63 days to sell over the last 365 days, with the quickest quarter selling within 25 days and the slowest quarter taking more than 104, across 33 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 84 days.
The median sale price was $589,900.
Homes sold for about 4.8% below asking on average, so there was room to negotiate.
About 3% of sales closed above the list price.
Around 36% of sellers reduced their price before finding a buyer.
- Median days to sell
- 63
- Median sale price
- $589,900
- Sale-to-list ratio
- 95.2%
- Sold above asking
- 3%
Based on 33 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in Welland (Lincoln/Crowland)
Welland (Lincoln/Crowland) 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 (Lincoln/Crowland)
- Plymouth — elementary, WellandFraser rating 10.0/10
- Fitch Street — elementary, WellandFraser rating 8.1/10
- Glendale — elementary, WellandFraser rating 8.1/10
- Holy Name — elementary, WellandFraser rating 7.9/10
- Quaker Road — elementary, WellandFraser rating 7.6/10
- Diamond Trail — elementary, WellandFraser rating 7.2/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
Homes for sale near 353 DAIN AVENUE
$1,399,000
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