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860 FORKS Road

860 FORKS Road

Welland, Ontario

5,030 sqft • Office

$1,249,000

Rare 23-acre commercial/industrial property minutes from HWY 58, home to a 5,000+ SF broadcast building powered by an active solar power farm. MY BROADCASTING CORPORATION (91.7 GIANT FM, NEW COUNTRY 89.1) is relocating to a new purpose-built facility, freeing this site for its next use. Ideal for redevelopment, owner-occupation, or investment given the scale of the lot and building. Motivated seller open to Flexible closing available to accommodate buyer timelines. A vendor take-back mortgage MAY be considered with acceptable terms and conditions Full details and terms available through Listing Brokerage. HST may apply to part or all of the sale price

Price History

Property

Lot Size
23.04 acres

Schools

Elementary

  • St Augustine Catholic Elementary School2.6 km

    Catholic · Niagara CDSB · 185 students

    Grade 3 reading: 71% met the provincial standard · Grade 6 math: 36% met the provincial standard

  • Diamond Trail Public School4 km

    Public · DSB Niagara · 520 students

    Grade 3 reading: 85% met the provincial standard · Grade 6 math: 85% met the provincial standard

  • St Mary Catholic Elementary School4.2 km

    Catholic · Niagara CDSB · 205 students

    Grade 3 reading: 67% met the provincial standard · Grade 6 math: 50% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area L3B

Population
25,869
Private dwellings
11,617
Median age
43.2
Average household size
2.3
Median household income
$66,500

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Office in Welland · last 12 months

Median sold price
$532,750
Homes sold
762
Median days on market
33
Sale-to-list price
96.3%

Based on 762 recorded sales of office properties in Welland over the last 12 months.

Location

Mortgage Calculator

$249,800

Estimated Monthly Payment

$6,136

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $6,136/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $312/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

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