49 Division Street, Welland, ON
L3B 3Z5
Listed October 15, 2026
About this property
Prime downtown Welland opportunity with exceptional development potential! Strategically located in the heart of the city, this versatile property offers flexible zoning with a wide range of permitted uses, making it ideal for investors, developers, and business owners. Potential uses include short-term accommodations, professional offices, retirement residences, boarding houses, mixed-use and various commercial applications. Zoning permits development of up to 8 storeys, providing significant potential to maximize the property's value. Ideally situated within walking distance to the Welland Canal, downtown shops, restaurants, services, and amenities. Located in an area experiencing continued revitalization and investment, this is an excellent opportunity to secure a property with long-term upside and multiple development possibilities. Seller may consider attractive Vendor Take-Back (VTB) financing for qualified buyers. A rare opportunity to bring your vision to life in the growing downtown core of Welland!
Property Details
Listing
Property
Location
Taxes & Financials
Cost of Ownership Calculator
What it could cost each month to own 49 Division Street — mortgage, property taxes, fees, insurance, utilities and upkeep. Change any number to match your situation.
Your mortgage
$139,000 · Minimum $139,000
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From the listing (2026 tax bill).
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One-time costs
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Estimated monthly cost of ownership
$3,991/mo
About $47,892 a year
- $3,074
- $917
Cash needed to close
- Down payment (20%)
- $139,000
- Ontario land transfer tax
- $10,375
- Legal fees, title insurance & inspectionEstimate
- $2,500
- Total
- $151,875
Estimates only — not a mortgage approval, quote or tax advice. Payments assume a fixed rate compounded semi-annually; minimum down payments, mortgage insurance and land transfer tax follow current CMHC and Ontario rules. Insurance, utilities and upkeep are typical figures for the area. Your lender, lawyer and insurer will confirm your exact costs.
Location & Walkability
49 Division Street, Welland, ON
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Last Updated: October 15, 2026
Listing Office: RE/MAX ESCARPMENT GOLFI REALTY INC.
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