For sale 50$749,850
237 First Avenue
N. Welland, Welland, Ontario L3C1Y7
For sale· Added
About this home
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.
Location
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Property details
Listing
- MLS® number
- X13239440
- Added
- Jun 4, 2026 ()
- Updated
- Jun 11, 2026 ()
- Info refreshed
Overview
- Property type
- Single Family
- Building type
- Detached
- Storeys
- 1.5
- Ownership
- Freehold
Inside
- Bedrooms
- 3
- Bathrooms
- 2
- Half baths
- 1
- Heating
- Forced air, Natural gas
- Cooling
- Wall unit
- Fireplace
- No
- Appliances
- Water meter
- Features
- Sump Pump
Building
- Basement
- Unfinished, Full
- Exterior
- Steel
- Foundation
- Poured Concrete
- Parking
- Detached Garage, Garage · 6 spaces
Land
- Lot size
- 120 x 198 ft
- Zoning
- RL1
Services
- Water
- Municipal water
- Sewer
- Sanitary sewer
- Utilities
- Sewer, Electricity, Cable
Location
- Cross streets
- Corner of First Ave and Thorold Rd
Running costs
- Annual property tax (2026)
- $3,689
Rooms
| Living room | Main level | 4.95 x 4.04 m |
| Dining room | Main level | 3.43 x 2.95 m |
| Kitchen | Main level | 3.61 x 3.28 m |
| Bathroom | Main level | 1.98 x 1.07 m |
| Primary Bedroom | Second level | 4.11 x 3.08 m |
| Bedroom 2 | Second level | 3.18 x 3.1 m |
| Bedroom 3 | Second level | 3.1 x 3.1 m |
| Bathroom | Second level | 2.95 x 2.16 m |
| Utility room | Basement | 7.5 x 7.5 m |
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