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10611 HIGHWAY 3

10611 HIGHWAY 3

Wainfleet, Ontario

4,400 sqft • Institutional - Special Purpose

$599,000

Prime 2.9 acre commercial parcel on Highway 3 featuring a 4,400 sq ft building on I-1 zoned land plus nearly 2 additional acres zoned A4 for future expansion. Excellent opportunity for investors, developers, daycare, medical, institutional or religious use. Ample parking and strong highway exposure. Recent upgrades include new boilers, radiators, water system and LED lighting. Minutes to Port Colborne, Welland and Wainfleet and close to Lake Erie amenities. Exceptional community hub potential with long term appreciation and redevelopment upside.

Price History

Schools

Elementary

  • St Patrick Catholic Elementary School2.9 km

    Catholic · Niagara CDSB · 150 students

    Grade 3 reading: 92% met the provincial standard · Grade 6 math: 74% met the provincial standard

  • St John Bosco Catholic Elementary School3.5 km

    Catholic · Niagara CDSB · 230 students

    Grade 3 reading: 71% met the provincial standard · Grade 6 math: 35% met the provincial standard

  • Oakwood Public School3.6 km

    Public · DSB Niagara · 245 students

    Grade 3 reading: 94% met the provincial standard · Grade 6 math: 72% met the provincial standard

Secondary

  • Port Colborne High School3.9 km

    Public · DSB Niagara · 420 students

    Grade 10 literacy: 95% 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 L3K

Population
19,458
Private dwellings
9,086
Median age
50.8
Average household size
2.2
Median household income
$70,000

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

Institutional - Special Purpose in Wainfleet · last 12 months

Median sold price
$675,000
Homes sold
82
Median days on market
45
Sale-to-list price
94.0%

Based on 82 recorded sales of institutional - special purpose properties in Wainfleet over the last 12 months.

Location

Mortgage Calculator

$119,800

Estimated Monthly Payment

$2,943

Investment Analysis

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

Mortgage: $2,943/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $150/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

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