For Sale: 237 First Avenue, Welland, ON - REW
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$749,850
3 bd • 2 ba • 1100 - 1499 sf • House
237 First Avenue
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$749,850
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237 First AvenueWelland, ON, L3C 1Y7

  • 3 Bed
  • 2 Bath
  • 1100 - 1499 Sqft
  • House

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. Ask agent for any concept plans for townhouse or detached lots. (id:63626)
Listed by: Jeff Collins, Salesperson, ROYAL LEPAGE NRC REALTY

Home facts and features

Price details
List Price
$749,850
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Gross Taxes for 2026
$3,689
Home facts
Bedrooms
3
Full Bathrooms
1
Partial Bathrooms
1
Parking Spaces
6
Parking Details
Detached Garage, Garage
Property Type
House
Depth
198 feet
Frontage
120.0 feet
Title
Freehold
Exterior Finish
Steel
Heating Type
Forced air, Natural gas
Cooling
Wall unit
Basement Details
Unfinished, Full
Features
Sump Pump
Appliances
Water meter
Agent details
Primary Agent
Jeff Collins
Primary Broker
ROYAL LEPAGE NRC REALTY
Listing details
Days on REW
2 Days
MLS® Number
X13239440
Source
Canadian Real Estate Association
Board
Niagara Association of REALTORS®
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Glendale Public School
  • Public
  • JK - 8
Centennial Secondary School
  • Public
  • 9 - 12
Father Patrick H. Fogarty School
  • Catholic
  • 9 - 12
Ross Public School
  • Public
  • JK - 8
St Kevin Catholic Elementary School
  • Catholic
  • JK - 8
Notre Dame College School
  • Catholic
  • 9 - 12
Collège Notre-Dame
  • Catholic
  • 9 - 12
Fitch Street Public School
  • Public
  • JK - 8
Gordon Public School
  • Public
  • JK - 8
Holy Name Catholic Elementary School
  • Catholic
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Salesperson
Jeff Collins
Phone:
(905) 788-7435
Cell:
905-788-7435
Office:
905-892-0222
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By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.