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237 First Avenue, Welland, ON L3C 1Y7

Welland, ON, L3C 1Y7 · 767 - N. Welland

3 Beds
2 Baths
Sq Ft
5 Parking
Detached Type
X13239440 MLS#

About this property

PERFECT MINI-DEVELOPMENT POTENTIAL!!! This is a promising development opportunity for investors keen on creating an eight-townhouse site within walking distance of Niagara College. This lot is ideal for either demolishing the existing house to construct eight affordable townhouses or subdividing into three 40-foot frontage lots. With the HST rebate currently available, there is strong demand for land to secure pre-sales. Concept plans suggest the possibility of eight townhouse lots at approximately $100,000 per lot, with an additional $50,000 allocated for consulting and necessary official plan and zoning by-law amendments. Pre-consultations are recommended for any development initiatives, whether for three lots or eight townhouses. A demolition estimate is also available, and tenants are amenable to staying until demolition is required. This is an excellent opportunity for development and land acquisition in a prime student area near Niagara College. Concept plans for townhouse or detached lots available.

Features & Amenities

  • Basement: Full, Unfinished
  • Garage: Detached
  • Cooling: Wall Unit(s)
  • Heat Type: Forced Air
  • Heat Source: Gas
  • Style: 1 1/2 Storey
  • Construction: Metal/Steel Siding
  • Sewer: Sewer

Property Details

Property Type Residential Freehold
Property Sub-Type Detached
Architectural Style 1 1/2 Storey
Bedrooms 3
Bathrooms 2
Basement Full, Unfinished
Garage Detached
Parking Spaces 5
Heat Type Forced Air
Heat Source Gas
Cooling Wall Unit(s)
Sewer Sewer
Annual Tax $3,689
Tax Year 2025

Interior Features

Interior Features
Sump Pump

Exterior Features

Pool Features
None

Building & Construction

Architectural Style
1 1/2 Storey
Construction Materials
Metal/Steel Siding
Foundation Details
Poured Concrete
Roof
Asphalt Shingle
Basement
Full, Unfinished
Approximate Age
51-99

Heating & Cooling

Heat Type
Forced Air
Heat Source
Gas
Cooling
Wall Unit(s)

Parking & Garage

Garage Type
Detached
Garage
Yes
Parking Spaces
5
Parking Total
6.00
Parking Features
Private Double
Covered Spaces
1

Lot & Land

Lot Size Units
Feet
Lot Depth
198.00
Lot Width
120.00

Financial & Tax

Tax Annual Amount
$3,689
Tax Year
2025
Tax Assessed Value
$194,000
Possession Type
Flexible
Possession Details
Flexible

Utilities & Services

Sewer
Sewer

Room Details

Rooms Above Grade
8
Kitchens Above Grade
1
Kitchens Total
1
Bedrooms Above Grade
3

Additional Details

Occupant Type
Tenant
Direction Faces
West
County Or Parish
Niagara
Cross Street
Corner of First Ave and Thorold Rd
Directions
Corner of First Ave and Thorold Rd
Special Designation
Unknown
Showing Requirements
See Brokerage Remarks

Location

237 First Avenue, Welland, ON L3C 1Y7, Welland, ON, L3C 1Y7

Listing courtesy of ROYAL LEPAGE NRC REALTY
Out believe has request not how comfort evident. Up delight cousins we feeling minutes genius.

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