Content H1

aerial image of downtown Welland

COST-COMPETITIVENESS

Welland and Niagara are well positioned in terms of cost-competitiveness. Competitive shovel ready land, commercial and industrial taxes, utility prices, and cost of living make Welland a great location to own and operate a business.

Shovel-Ready Industrial Land

Welland is promising to be a strong candidate for the province’s next industrial real estate powerhouse. With the recent opening of its fourth industrial park, Welland currently possesses a large portion of shovel ready industrial land that is a fraction of the cost of what’s available in the Greater Toronto Area.

image of land ready for development

 

PROPERTY TAXES

Compare Welland’s property tax rates with those of other nearby cities and it’s clear that Welland is open for business.

INDUSTRIAL COST/SQ.FT.
Welland $1.33
Fort Erie $1.18
Pelham $1.50
Wainfleet $1.98
Niagara Falls $1.69
Lincoln $1.78
West Lincoln $1.93
St. Catharines $2.02
Port Colborne $1.95
Thorold $1.83
Grimsby $2.69
Niagara-on-the-Lake $2.15
Hamilton $2.51
Oakville $2.61
OFFICE COST/SQ.FT.
Lincoln $1.91
Welland $2.60
Fort Erie $2.43
Niagara Falls $2.51
Thorold $2.61
St. Catharines $2.96
Port Colborne $3.35
Nigara-on-the-Lake $3.11
Hamilton $3.22
Grimsby $4.49
LAND COST/ACRE
Wainfleet $595
Pelham $621
Port Colborne $1,059
Welland $1,576
West Lincoln $1,767
Fort Erie $1,667
Niagara Falls $4,686
Lincoln $5,059
Niagara-on-the-Lake $5,920
Thorold $7,232
St. Catharines $7,875
Grimsby $10,471
Hamilton $14,272