592 South Pelham Road, Welland (Prince Charles) - Vacant Land for Sale

592 South Pelham Road, Welland (Prince Charles), Ontario, L3C3C6

26,694 sq ft (0.61 ac) lotListed 29 days ago

Overview

This lot in Welland is for sale. It has been on the market 29 days, fresher than the Welland average of 75 days.

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Description

Prime development opportunity in the City of Welland. This vacant land parcel is strategically positioned on one of the city's highest-traffic corridors and offers mixed-use commercial zoning, presenting strong potential for a wide range of development possibilities. The site is ideally suited for a commercial plaza with high-density residential components, offering excellent exposure and accessibility. Surrounded by established amenities, retail, and residential neighbourhoods, the location supports strong future demand for both commercial and residential uses. Ample area allows for flexible site planning with substantial parking, making this an attractive opportunity for developers, investors, and builders looking to capitalize on a growing market. (id:66096)

Property Details

MLS®: X13876262
Property Type: Vacant Land
Zoning: CC1, RL1, RL2
Lot Size: 26,694 sq ft (0.61 ac)
Frontage: 181 ft
Price per Acre: $1,059,056 per acre
Property Tax: $2,092/yr
Listed: 29 days ago

Services

Water: Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

29d

Welland (Prince Charles) listings, avg age

75d

List price

$649K

Haho

This vacant land in Welland (Prince Charles) has been listed for 29 days, which is 46 days fresher than the city average of 75. Act while there is still low competition.

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Listed by Vintage Real Estate Co. LTD · Matthew Scarfone

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3C)

This home lists at $649,000, about 8.3× the local median household income of $78,500.

Carrying it typically needs a household income of about $126,772 (20% down, 25-yr amortization, stress-tested) — roughly 61% above the area median.

Median household income: $78,500
Population: 33,462
Median age: 45.6
Owner / renter: 73% / 27%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA L3C)

$649,000

For sale

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Financing

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