49 Division Street
768 - Welland Downtown, Welland, L3B 3Z5
$695,000
Listed 5 days ago · MLS® X14082932
About this home
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
- Type
- Land
- Lot
- 80.83 × 118 ft
- Garage
- None
- Property tax
- $11,000 (2026)
- Neighbourhood
- 768 - Welland Downtown
- Municipality
- Welland
Heating, cooling and services
- Water and sewer
- Sanitary+Storm
- Utilities
- Available
More
- Possession
- Immediate
- Cross street
- King
- Business type
- Retail
Location
Location is approximate. See nearby homes on the map
Recent sales nearby
See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.
The neighbourhood
Getting around Very walkable
No subway, LRT or GO station within a short trip.
Within a 10-minute walk: 2 grocery stores, 24 cafés and restaurants, 10 parks, 4 pharmacies. Nearest grocery: Pupo's Food Market (850 m). Nearest park: Canal Terrace (150 m).
Schools nearby
Elementary
- Plymouth Public School
EQAO: Gr 6 reading 100%, math 100%16 min walk - Ross Public School
EQAO: Gr 6 reading 100%, math 43%17 min walk - St. Mary Catholic Elementary School Catholic
EQAO: Gr 6 reading 83%, math 50%18 min walk - St. Kevin Catholic Elementary School Catholic
EQAO: Gr 6 reading 100%, math 92%19 min walk
Secondary
- Notre Dame College School Catholic
EQAO: Gr 9 math 56%, literacy test 85%18 min walk
EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.
Closest schools, not school zones. Check which school serves this address with the school board before relying on it.
Who lives here postal area L3B
- Owners / renters
- 65% / 35%
- Median household income
- $66,500
- Average age
- 43
- Children under 15
- 16%
- Homes
- 65% detached, 3% high-rise
- Commute by transit
- 2%
- Population
- 25,869
Languages spoken most at home besides English: Spanish 0.6%, Italian 0.5%, Urdu 0.4%, Punjabi (Panjabi) 0.2%.
Flood and conservation No mapped hazard
Not inside a mapped flood plain or regulated area in Niagara Peninsula Conservation’s mapping.
Screening maps only. Ask the conservation authority for a property inquiry before relying on this.
Safety
Crime Severity Index for Niagara Region (St. Catharines) police: 54 vs 57 for Ontario (2025).
Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.
Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Flood and regulation mapping: Niagara Peninsula Conservation open data. Crime Severity Index: Statistics Canada.
Living here
Commute
To Union Station (downtown Toronto): 73 km. Transit times · Driving times
Noise Nothing major nearby
No highway within 500 m, rail line within 300 m, or airport flight path nearby.
Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.
Internet High-speed
50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).
From the federal broadband map. Check exact speeds and providers for the address.
Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.
Listed by RE/MAX ESCARPMENT GOLFI REALTY INC..
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.
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