74 Summit Avenue, Welland, ON
L3C 4G7
Listed November 2, 2026
About this property
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.
Property Details
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Taxes & Financials
Cost of Ownership Calculator
What it could cost each month to own 74 Summit Avenue — mortgage, property taxes, fees, insurance, utilities and upkeep. Change any number to match your situation.
Your mortgage
$65,000 · Minimum $65,000
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Monthly costs
From the listing (2026 tax bill).
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One-time costs
A typical estimate — your lawyer will confirm.
Estimated monthly cost of ownership
$1,818/mo
About $21,816 a year
- $1,438
- $380
Cash needed to close
- Down payment (20%)
- $65,000
- Ontario land transfer tax
- $3,350
- Legal fees, title insurance & inspectionEstimate
- $2,500
- Total
- $70,850
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
74 Summit Avenue, Welland, ON
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Last Updated: November 2, 2026
Listing Office: COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE
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