508 Welland Avenue, St. Catharines, ON
Property Highlights
Welcome to this remarkable land located in the coveted neighborhood of 447 - Cushman/Industrial. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $825,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Spacious lot size measured in Feet
Description
Property is offered conditional upon land severance, this site presents a prime investor oruser opportunity in the high-traffic Welland Avenue/Bunting Road retail node, adjacent to a McDonald's drive-through and across from Lincoln Value Centre (357,000 SF GLA) and Briarfield Shopping Centre (118,000 SF GLA). Upon severance, the site is planned to compriseapproximately 0.57 acres of land, inclusive of an approximately 3,000 sq.ft. vacant building, benefiting from high visibility, proximity to major retailers, and easy access via the Queen Elizabeth Highway/Dieppe Road (1.37km) and Niagara Street (2.22km) interchanges. Current realty taxes are based on the entire parcel and will be re assessed upon severance. Food uses to be restricted. Purchaser to verify and satisfy themselves with zoning, environmental conditions, servicing, and feasibility of land severance.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 508 Welland Avenue, St. Catharines, ON L2M 5V5
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About Purchasing a Home in St. Catharines, ON
For a property listed at $825,000 in St. Catharines, the legal minimum down payment is $57,500 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $12,975 for this transaction. As this listing is in St. Catharines (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $12,975.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.