95 OXFORD ROAD, Welland (Welland Downtown)

$850,000

For sale: Detached

Detached at 95 OXFORD ROAD, Welland (Welland Downtown)
Property type
Detached
Bedrooms / bathrooms
5 bedrooms, 2 bathrooms
Living area
1,100 sqft
MLS®
MLS® X13580516
Neighbourhood
768 - Welland Downtown

INVESTMENT & INDUSTRIAL DEVELOPMENT OPPORTUNITY! Rare 4+ acre property with sought-after GEC(Gateway Economic Centre) zoning under City of Welland Zoning By-law, offering exceptional future potential in a prime, high-demand location. Two fully renovated homes generate immediate rental income: a 3-bedroom (currently tenanted) plus a 2-bedroom, 1-bath, both on full city services. Tucked at the end of a quiet dead-end cul-de-sac, 2 minutes from major retailers and5 minutes to downtown, and directly abutting MTO/Highway 406 lands for outstanding access and exposure. Approximately half the land is cleared and usable; the wooded rear offers hardwoods, softwoods and evergreens, plus a natural pond. Flexible GEC zoning permits a wide range of commercial/industrial uses including light industrial, warehouse/public storage, trucking operation, parking lot (truck & vehicle parking), repair shops & services, custom workshop, contractor's establishment, heavy equipment sales/rental/service, commercial school, technology industry, research & development and many more (outside storage permitted as an accessory use).A turnkey income property with exceptional long-term upside, ideal for investors, developers and owner-operators. See attached zoning schedule for the full list of permitted uses. Don't miss this commercial/industrial land opportunity with existing residential cash flow!

Sold data

Detached homes in Welland (Welland Downtown) — recent sold market

Detached homes in Welland (Welland Downtown) took a median of 25 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 53, across 140 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 40 days.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 $549,900.

Homes sold for about 3.1% below asking on average, so there was room to negotiate.

About 6% of sales closed above the list price.

Around 34% of sellers reduced their price before finding a buyer.

Median days to sell
25
Median sale price
$549,900
Sale-to-list ratio
96.9%
Sold above asking
6%

Based on 140 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Welland (Welland Downtown)

Welland (Welland Downtown) 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 (Welland Downtown)

  • 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 95 OXFORD ROAD