74 Summit Avenue
Welland, ON
- approx. 1100-1500 sqft
- Vacant Land
- 114 days on market
Rare opportunity in one of Welland's most sought-after neighbourhoods, just steps from beautiful Chippawa Park. This vacant lot previously housed a residence, with utilities available at the property line, offering added convenience for future development. Surrounded by mature homes and established streetscapes, zoning allows for many different building opportunities, including investment opportunities, multiplexes, and possible lot severance potential, subject to municipal approvals and buyer due diligence. Whether you're looking to build your dream home or explore investment potential, this is a rare chance to secure prime land in a prestigious, well-established area.
Listing Details
- Taxes (2025)
- $4,564
- Listed
- May 11, 2026
Price History
Property
- Lot Size
- 58 x 128.5 Feet
Location & Legal
- Cross Street
- First Avenue
- Parcel Number
- 640920341
- Possession
- Immediate
- Occupancy
- Vacant
Schools
Elementary
- Fitch Street Public School0.5 km
Public · DSB Niagara · 510 students
Grade 3 reading: 79% met the provincial standard · Grade 6 math: 50% met the provincial standard
- Holy Name Catholic Elementary School0.8 km
Catholic · Niagara CDSB · 430 students
Grade 3 reading: 93% met the provincial standard · Grade 6 math: 48% met the provincial standard
- ÉÉC du Sacré-Coeur-Welland0.9 km
French Catholic · CS catholique MonAvenir · 210 students
Grade 3 reading: 19% met the provincial standard · Grade 6 math: 75% met the provincial standard
Secondary
- Welland Centennial Secondary School0.7 km
Public · DSB Niagara · 1050 students
Grade 10 literacy: 87% met the provincial standard
- Notre Dame College School1.4 km
Catholic · Niagara CDSB · 1130 students
Grade 10 literacy: 85% met the provincial standard
- Niagara Catholic Virtual Secondary School2.6 km
Catholic · Niagara CDSB
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 L3C
- Population
- 33,462
- Private dwellings
- 14,273
- Median age
- 45.6
- Average household size
- 2.4
- Median household income
- $78,500
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
Residential Freehold in Welland · last 12 months
- Median sold price
- $532,500
- Homes sold
- 753
- Median days on market
- 33
- Sale-to-list price
- 96.3%
Based on 753 recorded sales of residential freehold properties in Welland over the last 12 months.
Listed by
COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Street View
Mortgage Calculator
$65,000
Estimated Monthly Payment
$1,597
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $1,597/mo (20% down, 5.5%)
Taxes: $380/mo · Insurance: $81/mo
Estimates only. Consult a financial advisor.
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