Welland, L3B 4K3
$499,900
Listed by RE/MAX NIAGARA REALTY LTD..
Welcome to your next best asset ! This property is loaded with opportunity! Double wide lot with an open concept home that has 4 bedrooms and 2 full bathrooms! The property is fully fenced with a wide paved driveway. You can enjoy water canal views from the main bedroom and office room. The property is zoned RM which allows 3+ units on the property. Possible 6-8 unit apartment building can be built on property. Buyer to do due diligence. Located just steps to the water canal, new doctors office & pharmacy, waterfront restaurants, Canal/kayak rentals, festivals on the water, bus transit, farmers market and much more! Minutes from the 406, Niagara College, groceries, schools and shopping. Major development happening down the road which includes state of the art 27,870 sq meter facility for manufacturing electric vehicle parts that will provide over 200 jobs but that's just the tip of the ice burg.
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.
