49 Division Street

768 - Welland Downtown, Welland, L3B 3Z5

$695,000

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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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