$1,990,000
For sale: Vacant Land

An outstanding opportunity for investors and developers to acquire a prime development site on Niagara Street in Welland. Zoned Downtown Mixed-Use Centre (DMC), this land offers exciting potential for a variety of future development possibilities. Situated in a high-traffic location, the site features over 180 feet of waterfront frontage along the Welland River. Enjoy convenient access to the Welland Canal, Merritt Island, and numerous scenic walking trails, all just minutes away. A rare opportunity to invest in a promising location with excellent potential.
Sold data
Homes in Welland (Broadway) took a median of 32 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 183 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 58 days.
The median sale price was $539,900.
Homes sold for about 3.1% below asking on average, so there was room to negotiate.
About 7% of sales closed above the list price.
Around 33% of sellers reduced their price before finding a buyer.
Based on 183 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Welland (Broadway) 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

$2,000,000
Vacant Land342-346 WEST STREET, Brantford

$2,900,000
Vacant Land3811 KING STREET, 982 - Beamsville, Lincoln

$2,748,800
Vacant Land968 & 970 COLBORNE STREET, Brantford

$1,499,990
Other5890 MAIN STREET, 216 - Dorchester, Niagara Falls

$1,784,900
Other290 QUEENSTON ROAD, Bartonville, Hamilton

$2,100,000
Other45-46 - 1200 SPEERS ROAD, 1014 - QE Queen Elizabeth, Oakville

$1,998,000
Multiplex827 COSBURN AVENUE, Woodbine-Lumsden, Toronto

$2,300,000
Other72 KING STREET E, Dundas, Hamilton