74 Summit Avenue, Welland, ON L3C 4G7

For Sale 7 days on Market MLS® X13109574

Asking Price

$325,000

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Overview

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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.

Area

1,300 sqft

Lot Size

0.2 acres

Type

Vacant Land

Property Details

Year BuiltNot Disclosed

CityWelland

Postal CodeL3C4G7

Lot Dimensions58.00 × 128.50 ft

Utilities & Services

Heat SourceWell

SewerSeptic Tank

Financial Information

List Price$325,000

Annual Taxes$4,564 (2025)

Days on Market7

MLS® X13109574 • Listed by COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE

74 Summit Avenue, Welland, ON L3C 4G7

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Purchase Calculator

Home Price

$325,000.00

Location

Down Payment

$68,250.00

Payment Frequency

⚙️ Rate

Your mortgage interest rate can either be Fixed for the term or Variable.

Rate

4.70%

Rate Term

🧾 Amortization

30 years

Scenario Options

First-time Buyer

Newly Built

Insured Prefer

💸 Rental Income

🏠 Home Expenses

Monthly Rent

$900.00

Occupancy (%)

100%

Monthly Expenses

$400.00

Includes

📉 Taxes
🛠️ Maintenance
⚡ Utilities etc.

Total Monthly Cost ⚙️

/month

Principal & interest

Home expenses

Other expenses

Rental income

Monthly Mortgage$0.00
Home Expenses$0.00
Other Expenses$0.00
Rental Income$0.00

Mortgage Amount

$0.00

Closing Costs

$0.00

Mortgage Payment$0.00

Net Mortgage$0.00

Interest paid over term$0.00

Balance end of Term$0.00

Effective Amortization30 Years

Property Location

74 Summit Avenue, Welland, ON L3C 4G7

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