For Sale

1 DREW Street, Welland, Ontario L3C 5H8

$1,200,000

1 DREW Street, Welland, Ontario L3C 5H8 is For Sale and has a listing price of 1,200,000. The property is located in the Welland . It's been on the website for 1 Day.

  • Vacant Land
    Property Type
  • MLS ID: X12764630
  • Office Name RE/MAX HENDRIKS TEAM REALTY
Property Description

Residential Development Site. Property is zoned RL2 which allows for singles, semis, townhomes and multiple dwellings. Lot is approximately 0.7 hectares. Current official plan allows for maximum density of 24 units per net hectare which equates to 16.8 units. Application could be made to apply for a potential change to medium density of 25 to 60 dwelling units and as high as a 6 storey building or to a high density zoning which would allow for 61 to 125 dwelling units per net hectare and up to an 8 storey apartment building. Free pre-consultation virtual appointments available with the city. According to city staff, the city appears open to moving the development of this property to a higher density. Phase One Environmental Site Assessment and a Proposal for a Phase Two ESA were completed in the past. Potential offers from city regarding brownfield incentives such as site assessment grant for Phase Two and if clean up is required there is a tax increment grant program, rebates of planning and building fees, city and regional development charges exemption, etc. See city planning staff for complete details. Although MPAC states frontage of 120 feet, the property technically has its frontage on Kline’s Avenue with two frontages there – one being 25 feet and one 60 feet on the unimproved portion at end of Kline’s Avenue. Potential access for development also from Drew Street. Note: Known as 1 Drew Street however no actual municipal address.

Property Details
  • MLS ID: X12764630
  • Price: $1,200,000
  • Lot Depth: 686
  • Transaction Types: For Sale
  • Ref ID: X12764630
  • Year Built: N/A
  • Dir / Cross St: Known as 1 Drew Street however no actual municipal address. Entry also from end of Kline's Avenue.
  • Status: Active
  • Tax Year: 2026
  • Property Type: Vacant Land
  • Property Type: Commercial
  • Property Sub Category: Vacant land
Price History
List Date MLS ID List Price Status End Date Closed Price
02/06/2026 X12764630 $1,200,000 For Sale - -
12/01/2025 X12589294 $4,000 For Rent - -
12/01/2025 X12589292 $1,799,000 Cancelled 12/16/2025 -
10/30/2025 X12490798 $4,000 For Rent - -
10/30/2025 X12491040 $1,799,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Welland
  • $704,220 Average List Price
    based on 1 year
  • 170 New Listings
    based on 30 days
  • 74 Median Days on Market
    based on 1 year
  • List vs. Selling Price 170.88 % Up
  • Sold (12mo) 610
  • Rented (12mo) 297

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
  • 63 Walk Score
    Somewhat Walkable
  • 31 Transit Score
    Some Transit
  • 73 Bike Score
    Very Bikeable
Additional Details
  • Garage Type Y
  • Kitchen Y
  • Taxes: $7,188
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 06/02/2026 03:24:37
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