49 DIVISION Street
Welland, Ontario
100 sqft • Other
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.
Price History
Schools
Elementary
- Plymouth Public School1 km
Public · DSB Niagara · 460 students
Grade 3 reading: 97% met the provincial standard · Grade 6 math: 100% met the provincial standard
- Ross Public School1.1 km
Public · DSB Niagara · 290 students
Grade 3 reading: 56% met the provincial standard · Grade 6 math: 43% met the provincial standard
- Fitch Street Public School1.2 km
Public · DSB Niagara · 510 students
Grade 3 reading: 79% met the provincial standard · Grade 6 math: 50% met the provincial standard
Secondary
- Notre Dame College School1.1 km
Catholic · Niagara CDSB · 1130 students
Grade 10 literacy: 85% met the provincial standard
- École secondaire Franco-Niagara2 km
French public · CS Viamonde · 120 students
Grade 10 literacy: 100% met the provincial standard
- Eastdale Secondary School2 km
Public · DSB Niagara · 455 students
Grade 10 literacy: 92% 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
Other in Welland · last 12 months
- Median sold price
- $535,000
- Homes sold
- 763
- Median days on market
- 33
- Sale-to-list price
- 96.3%
Based on 763 recorded sales of other properties in Welland over the last 12 months.
Location
Mortgage Calculator
$219,800
Estimated Monthly Payment
$5,399
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $5,399/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $275/mo
Estimates only. Consult a financial advisor.
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