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595 Ontario Road, Welland, ON, L3B 0B3

MLS® # 40649434
Commercial For Sale In Cordage, Welland, Ontario
$7,990,000
595 Ontario Road, Welland, ON
595 Ontario Road, Welland, ON
595 Ontario Road, Welland, ON
595 Ontario Road, Welland, ON
595 Ontario Road, Welland, ON
595 Ontario Road, Welland, ON
595 Ontario Road, Welland, ON
595 Ontario Road, Welland, ON
  • Advertising

MULTIMEDIA

ACTIVE
595 Ontario Road, Welland, ON, L3B 0B3
$7,990,000

Property Information:

HUGE INVESTMENT OPPORTUNITY FOR SERIOUS BUYERS located in Welland close to the newly announced Battery Plant. 3.24 acres of open space in the heart of this beautiful city, brings endless investment opportunities. Currently zoned as Institutional which allows for multiple 24 STOREY towers consisting of over 370 RESIDENTIAL UNITS, plus an existing 12,000 square foot medical building (fully leased). The land frontage is 1000 feet. Right across from the new battery plant. *Yes you read that right, ONE THOUSAND feet of frontage!* Many possibilities in this rare piece of land in the heart of a lively city! Walking distance to grocery stores, Tims Hortons, LCBO and many schools. A two minute drive to the Welland Hospital. Ideal for creating attractive living space for families, senior citizens and professionals working in the area. A true show stopper.

Property Features:

  • Bedrooms: 0
  • Acres Range: 2-4.99
  • Basement: None
  • Lot Depth: 3.25 Feet
  • Lot Features: Other
  • Lot Frontage: 1000.00 Feet
  • Water Source: Municipal
  • Zoning: INSH
  • Sewer: Sewer (Municipal)

Courtesy of: Bridgecan Realty Corp.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

Location of 595 Ontario Road, Welland, ON, L3B 0B3

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-High

39 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate-High

39 hot days expected in 2050

62/100

Moderate-High

ClimateCheck®

Current data

This property, 595 Ontario Road , experiences 7 hot days per year at around 30.2 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 39 hot days at 33.9 degrees Celsius.

Projected Avg. Temperature

Past
30.2℃
2050
33.9℃

# Hot Days Per Year

Past
7
2050
39

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

63/100

Moderate-High

ClimateCheck®

Current data

This property, 595 Ontario Road , experiences 11 significant 2-day storms per year, with about 326.4mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 404.6mm of precipitation per year.

Precipitation Per Storm

Past
326.4mm
2050
404.6mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 595 Ontario Road, Welland, ON, L3B 0B3

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$85,039.66

Average Number of Children

1.58

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

19.84 %

High school certificate or equivalent

40.68 %

Apprenticeship trade certificate/diploma

8.37 %

College/non-university certificate

26.44 %

University certificate (below bachelor)

0.15 %

University Degree

4.51 %

Commuter

Travel To Work

By Car

89.51 %

By Public Transit

1.25 %

By Walking

1.67 %

By Bicycle

0.0 %

By Other Methods

7.57 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

14.03 %

Houses

85.97 %

Own Vs. Rent