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For saleMLS® X13481154

790 Clare Avenue, Welland, ON L3C 3C1

N. Welland · L3C 3C1

$1,399,999

$490 / sq ft

4 months on market

Bathrooms
2
Total area
2,860 sf
Lot
100.32 × 219.29 ft

What's special

  • Yes

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About this property

This is a prime investment/re-development opportunity. The lot is under severance with the city to construct 2 detach houses in the back. It is currently zoned commercial and presently used as a Variety store with a drive through. This property could be used for endless options subject to city's approval. Current zoning would allow commercial and/or residential uses. The present building is sprawled over 2860 square foot and set on a lot measuring 100.32 by 219.29 feet (21999 sqft lot).The total area of the lot promises limitless possibilities, very close to Niagara College and Seaway Mall, Highway 406 is not far away. Environment study and inspection is under way for construction of 2 houses. Price includes the price of both the lots.100k has already been spent to develop the 2 lots. The commercial lot on the front is a successful and profitable operating Variety store with a 2 bed apartment on the upper floor with one washroom. Another washroom is on the main floor. One of the rare Variety stores with a drive through. The Vendor is flexible with the option of selling just the commercial lot condition to severance by the city. This option shall include the land and building plus the operating business, all chattels and equipment. Inventory is not included. Sales of the store and Lotto commission shall be provided on a conditional offer. Fantastic opportunity for developers and builders to buy the corner double lots for commercial use and to take over the property to build 2 detach houses. Its a heavy traffic area at the intersection of Woodland and Clare Ave.

Property details

Property

Property type
investment
Bathrooms
2
Interior size
2,860 sq ft
Lot size
100.32 × 219.29 ft
Zoning
commercial
Possession
Flexible

Interior

Heating
Gas Forced Air Open
Cooling
Yes

Exterior & services

Sewer
Sanitary

Costs

List price
$1,399,999
Property taxes
$11,160 / year (2026)
Price per sq ft
$490

Listing

MLS® number
X13481154
Status
For sale
Listed
June 23, 2026
Days on market
134
Last updated
October 5, 2026
Listing brokerage
GLOBAL BRICKS EXECUTIVE HOMES REALTY

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced above most comparable listings — about 82% of comparable multi-unit / investment listings in Welland are asking less.

$490KMedian $948K$1.50M
This home
$490 / sq ft
Comparable median
$240 / sq ft

Based on 11 comparable active multi-unit / investment listings in Welland. These are asking prices, not sale prices.

Mortgage estimate

Down payment8.2% · minimum $115,000
$115,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$7,104.98
Property tax (est.)
$929.99
Estimated monthly
$8,035

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$24,475
Total due on closing
$24,475

An estimate on the asking price of $1,399,999. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of GLOBAL BRICKS EXECUTIVE HOMES REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$1,399,999

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