New Listing
$695,000
( $6950.00Per Sq Foot )
 $3,731 est/mo Sourced by Back At You

49 Division Street,Welland, ON L3B 3Z5

Welland, ON L3B 3Z5

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Description

Prime downtown Welland opportunity with exceptional development potential! Strategically located in the heart of the city, this versatile property offers flexible zoning with a wide range of permitted uses, making it ideal for investors, developers, and business owners. Potential uses include short-term accommodations, professional offices, retirement residences, boarding houses, mixed-use and various commercial applications. Zoning permits development of up to 8 storeys, providing significant potential to maximize the property's value. Ideally situated within walking distance to the Welland Canal, downtown shops, restaurants, services, and amenities. Located in an area experiencing continued revitalization and investment, this is an excellent opportunity to secure a property with long-term upside and multiple development possibilities. Seller may consider attractive Vendor Take-Back (VTB) financing for qualified buyers. A rare opportunity to bring your vision to life in the growing downtown core of Welland!

Details

MLS #40871497
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Days On Site4
Listing Provided ByRE/MAX Escarpment Golfi Realty Inc. | Rob Golfi

Features

SQ Feet100
ZoningDMC
Acreage0.22

Interior

Cooling Yes / NoNo

Exterior

Lot FeaturesAmple Parking, Business Centre, City Lot, High Traffic Area, Highway Access, Hospital, Public Transit, Schools

Utilities

SewerSewer (Municipal)

Taxes

Tax Annual Amount11000

Area Information

ProvinceON
CountyNiagara
CityWelland
Postal CodeL3B 3Z5
AreaWelland
Subarea768 Welland Downtown
Community Name768 Welland Downtown
Listing VS Median (in 768 Welland Downtown)
Price:
$695,000
low | high
Med:
$377,400
95.697841726619% of Average
sqft:
100
low | high
Med:
1,351
100% of Average
$ / sqft:
$6,950
low | high
Med:
$280
100% of Average
On site:
4
low | high
Med:
91
4.395604395604% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceON
CountyNiagara
CityWelland
Postal CodeL3B 3Z5
AreaWelland
Subarea768 Welland Downtown
Community Name768 Welland Downtown
Listing VS Median (in 768 Welland Downtown)
Price:
$695,000
low | high
Med:
$377,400
95.697841726619% of Average
sqft:
100
low | high
Med:
1,351
100% of Average
$ / sqft:
$6,950
low | high
Med:
$280
100% of Average
On site:
4
low | high
Med:
91
4.395604395604% of Average
Sourced by Back At You
Listing Updated: October 15, 2026 at 11:52:59 AM PDT