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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Lots & Land in Welland
About 229 Iva Street
Exceptional opportunity to acquire a premium 50' x 110' RL1-zoned corner lot in an established residential neighbourhood. Corner lots offer added design flexibility and outstanding curb appeal, making this an ideal site for a custom home or future development. With increasing demand for multi-family housing, this property presents exciting redevelopment potential, subject to all municipal approvals. Buyers and their representatives are encouraged to complete their own due diligence regarding zoning, permitted uses, and development possibilities. Conveniently located close to schools, parks, shopping, public transit, and major commuter routes. A rare opportunity to secure a well-positioned vacant lot with exceptional long-term potential. Lots 209 Iva, 229 Iva, 201 Iva, and 215 Iva are available to be purchased together
Welland land priced at $299,900 — book a tour to see if it fits your search.
Inside 229 Iva St
Every detail from the listing, in one place.
Type
Land
Style
Other
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Other
Property class
Vacant Land
229 Iva St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13556170$299,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 229 Iva St Compares to the Welland Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$1,473
/mo
based on the purchase price of $299,900
$59,980 cash
$239,920 financed
$202,076 total interest
Principal54%$239,920
Interest46%$202,076
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Book a tour of 229 Iva St with a licensed buyer's agent
Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.
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Zara · AI virtual agent
Ask about 229 Iva St day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
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Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market44Homes sold in about 44 days on average.
Sale-to-list ratio96.4%On average, homes sold below asking.
Active listings453Homes for sale here right now.
Median vs prior 90 days+2.4%Compared with Apr 26 – Jul 25, 2026: prices up.
Based on 258 sales from Jul 25 – Oct 23, 2026 (236 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 229 Iva St
How much is 229 Iva St listed for?
229 Iva St is listed at $299,900 (MLS® X13556170). Summitly updates the price as soon as the MLS® record changes.
Has the price of 229 Iva St changed?
No — 229 Iva St is still listed at its original asking price of $299,900.
How many bedrooms and bathrooms does 229 Iva St have?
The listing for 229 Iva St doesn't publish its bedroom and bathroom count. It is a lot in Welland.
How much would the monthly mortgage be on 229 Iva St?
About $1,473 a month — principal and interest on $299,900 with 20% down ($59,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 229 Iva St compare with other homes in Welland?
Its asking price of $299,900 is about 44% below the median sold price in Welland over the last 90 days, $540,000, across 258 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 229 Iva St been sold before?
Summitly has no earlier MLS® sale or lease of 229 Iva St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 229 Iva St?
229 Iva St is in Welland, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 229 Iva St been on the market?
102 days — 229 Iva St was listed on July 13, 2026.
What is the lot size of 229 Iva St?
The lot is 50 acres, as published in the listing.
What is the land transfer tax on 229 Iva St?
About $2,974 in Ontario land transfer tax at the asking price of $299,900. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 229 Iva St or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 229 Iva St?
The listing for 229 Iva St doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Welland.