49 Division Street, Welland, ON
Property Highlights
Welcome to this remarkable land located in the coveted neighborhood of 768 - Welland Downtown. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,099,000 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
- Premium 80.83 x 118 ft lot size
- equipped with no central cooling and highly efficient none heating
Description
Unlock the potential of this strategically located property in the vibrant core of downtown Welland. Offering flexible zoning with a wide range of permitted uses, this property presents an outstanding opportunity for investors, developers, and business owners looking to capitalize on one of Niagara's fastest-growing communities. Potential uses include short-term accommodations such as Airbnb, professional offices, retirement residences, boarding houses, and a variety of mixed-use or commercial applications. With zoning allowing for development up to 8 stories, the possibilities are extensive for those seeking to maximize value and future growth. Ideally situated within walking distance to the Welland Canal, downtown shops, restaurants, services, and local amenities, this location combines convenience, visibility, and accessibility. As downtown Welland continues to experience revitalization and investment, opportunities like this are becoming increasingly rare. Whether you're envisioning a new development, expanding your business presence, or securing a strategic investment in a thriving urban center, this property offers the flexibility and location to bring your vision to life. A rare blank canvas, come explore the possibilities.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 49 Division Street, Welland, ON L3B 3Z5
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About Purchasing a Home in Welland, ON
For a property listed at $1,099,000 in Welland, the legal minimum down payment is $219,800 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 $18,455 for this transaction. As this listing is in Welland (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $18,455.
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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.