288 First Avenue, Welland, ON L3C 1Y8
Welland, ON, L3C 1Y8 · 767 - N. Welland
About this property
ATTENTION INVESTORS, FIRST-TIME BUYERS & DEVELOPERS! Welcome to 288 First Avenue, an incredible opportunity packed with unmatched value and versatility in the heart of Welland.For first-time buyers and investors looking to add sweat equity, this solid 3-bedroom, 1-bathroom bungalow offers approximately 1,059 square feet of main-floor living space, a full basement waiting for your finishing touches, and a detached garage. The existing home needs a few cosmetic updates, the location is tough to beat-just a couple of blocks from Niagara College and surrounded by all the local amenities, shopping, and transit options you need.DEVELOPERS TAKE NOTE: The real magic here lies in the land. This house sits on a massive 70' x 159' lot zoned RL1, consisting of two 35-foot lots that are already severed. The development potential here is massive. Explore your options ranging from building modern semi-detached units, a two-unit residential setup, or maximizing the footprint for a potential multi-residential development of up to 8 units.Whether you want to renovate the existing home and build on the vacant lot, rent it out while drawing up architectural plans, or execute a full multi-unit build, the possibilities are endless. Severed packages of this size in premium locations do not come along often-schedule your viewing today and unlock the potential!
Features & Amenities
- Basement: Full, Partially Finished
- Garage: Detached
- Cooling: Central Air
- Heat Type: Forced Air
- Heat Source: Gas
- Style: Bungalow
- Construction: Stucco (Plaster)
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Detached |
| Architectural Style | Bungalow |
| Bedrooms | 3 |
| Bathrooms | 1 |
| Basement | Full, Partially Finished |
| Garage | Detached |
| Parking Spaces | 5 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | Central Air |
| Sewer | Sewer |
| Annual Tax | $3,537 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- In-Law Capability, Primary Bedroom - Main Floor
Exterior Features
- Exterior Features
- Deck, Porch
- Pool Features
- None
Building & Construction
- Architectural Style
- Bungalow
- Construction Materials
- Stucco (Plaster)
- Foundation Details
- Concrete Block, Poured Concrete
- Roof
- Asphalt Shingle
- Basement
- Full, Partially Finished
- Approximate Age
- 51-99
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- Central Air
Parking & Garage
- Garage Type
- Detached
- Garage
- Yes
- Parking Spaces
- 5
- Parking Total
- 6.00
- Covered Spaces
- 1
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 159.59
- Lot Width
- 70.17
Financial & Tax
- Tax Annual Amount
- $3,537
- Tax Year
- 2025
- Tax Assessed Value
- $186,000
- Possession Type
- Flexible
- Possession Details
- Flexible
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 2
- Rooms Below Grade
- 2
- Kitchens Above Grade
- 1
- Kitchens Total
- 1
- Bedrooms Above Grade
- 3
Additional Details
- Occupant Type
- Owner
- Direction Faces
- East
- County Or Parish
- Niagara
- Cross Street
- Thorold Rd & Woodlawn Rd
- Directions
- Thorold Rd to First Ave
- Special Designation
- Unknown
- Showing Requirements
- Showing System, List Salesperson
Location
288 First Avenue, Welland, ON L3C 1Y8, Welland, ON, L3C 1Y8