$749,850
 $4,025 est/mo Sourced by Back At You

237 First Avenue,Welland (N. Welland), ON L3C1Y7

Welland (N. Welland), ON L3C1Y7

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Description

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. (id:374)

Details

MLS #X13239440
Listing TypeFor Sale
StyleHouse
StatusActive
Days On Site143
Listing Provided ByROYAL LEPAGE NRC REALTY | Jeff Collins

Features

Bed(s)3
Bath(s) 2 Total
SQ Feet1,100
Garage6
BasementY
Story(s)1
ZoningRL1

Interior

CoolingWall unit
HeatingForced air, Natural gas
AppliancesWater meter
Fireplace Yes / NoNo

Exterior

Lot FeaturesSump Pump
Foundation DetailsPoured Concrete

Parking

Parking FeaturesDetached Garage, Garage
Parking Total6

Utilities

UtilitiesSewer, Electricity, Cable
SewerSanitary sewer
Water SourceMunicipal water

Taxes

Tax Annual Amount3689
Tax Year2026

Area Information

ProvinceON
CityWelland (N. Welland)
Postal CodeL3C1Y7
Listing VS Median (in L3C1Y7)
Price:
$749,850
low | high
Med:
$724,924
53.324064812963% of Average
sqft:
1,100
low | high
Med:
1,300
31.818181818182% of Average
$ / sqft:
$682
low | high
Med:
$574
65.770980862839% of Average
On site:
143
low | high
Med:
74.5
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceON
CityWelland (N. Welland)
Postal CodeL3C1Y7
Listing VS Median (in L3C1Y7)
Price:
$749,850
low | high
Med:
$724,924
53.324064812963% of Average
sqft:
1,100
low | high
Med:
1,300
31.818181818182% of Average
$ / sqft:
$682
low | high
Med:
$574
65.770980862839% of Average
On site:
143
low | high
Med:
74.5
100% of Average
Sourced by Back At You
Listing Updated: September 29, 2026 at 4:09:42 AM PDT