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981 Pelham St

10.05 Acres of Residential Land Offered at £5,016,352 in Welland, ON L3C 3E2

Investment Highlights

  • Prime 10-acre development land
  • Agricultural zoning, development potential
  • Preliminary plans for residential 117 units

Executive Summary

Attention Developers! Prime 10-acre parcel of land for sale in Fonthill within the Urban Boundary. This property spans from Pelham St to Clare Ave and offers exceptional potential for development. Preliminary drawings are available, with two options: 117 total units or 94 units, featuring a mix of singles, street towns, and semi-detached homes. The current zoning is agricultural, but it is designated for development in the official plan for the Region. The Town of Pelham is also in the process of developing a secondary plan. Vendor Take-Back (VTB) financing may be considered. Subdivision application will follow.

Property Facts

Price £5,016,352
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 10.05 AC

1 Lot Available

Lot

Price £5,016,352
Price Per AC £499,140
Lot Size 10.05 AC

10.05-acre development land for sale in Welland, ON.

Description

10.05-acre parcel of land in Welland, ON zoned for agricultural use.

zoning

Zoning Code A1 (Agricultural zone)
A1 (Agricultural zone)
  • Listing ID: 34380307

  • Date on Market: 06/01/2025

  • Last Updated:

  • Address: 981 Pelham St, Welland, ON L3C 3E2

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