<-- style PDP --> 237 First Avenue, Welland - Detached for sale for $749,850
  • new
  • for sale

237 First Avenue

Welland, Ontario, L3C 1Y7 - N. Welland

$749,850

  • Neighbourhood

    N. Welland

  • Major Intersection

    Corner of First Ave and Thorold Rd

  • Listed Since: 4 day(s)

  • Last update: today

Overview

  • Property Type

    Detached, 1 1/2 Storey

  • Bedrooms

    3

  • Bathrooms

    2

  • Basement

    Full + Unfinished

  • Kitchen

    1

  • Total Parking

    6 (1 Detached Garage)

  • Lot Size

    120x198 (Feet)

  • Taxes

    $3,689.00 (2025)

  • Type

    Freehold

Property Description

Property description for 237 First Avenue, Welland

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 upon request.

Listed by ROYAL LEPAGE NRC REALTY

  • MLS #

    X13239440

  • Sq. Ft

    1100-1500

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    51-99

  • Pool

    None

  • Drive

    Pvt Double

  • Garage

    Detached, 1 spaces

  • Total Parking

    6

  • Family Room

    N

  • Den

    N

  • Exterior

    Metal/Side

  • Fireplace

    N

  • Roof

    Asphalt Shingle

  • Foundation

    Poured Concrete

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    Lower

  • Heat

    Forced Air

  • A/C

    Wall Unit

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    Sewers

  • Central Vac

    N

  • Living

    4.95 x 4.04 ft Main level

  • Dining

    3.43 x 2.95 ft Main level

  • Kitchen

    3.61 x 3.28 ft Main level

  • Bathroom

    1.98 x 1.07 ft Main level

    2 Pc Bath

  • Primary

    4.11 x 3.08 ft 2nd level

  • 2nd Br

    3.18 x 3.1 ft 2nd level

  • 3rd Br

    3.1 x 3.1 ft 2nd level

  • Bathroom

    2.95 x 2.16 ft 2nd level

    4 Pc Bath

  • Utility

    7.5 x 7.5 ft Bsmt level

  • MLS #

    X13239440

  • Sq. Ft

    1100-1500

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    51-99

  • Pool

    None

  • Drive

    Pvt Double

  • Garage

    Detached, 1 spaces

  • Total Parking

    6

  • Family Room

    N

  • Den

    N

  • Exterior

    Metal/Side

  • Fireplace

    N

  • Roof

    Asphalt Shingle

  • Foundation

    Poured Concrete

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    Lower

  • Heat

    Forced Air

  • A/C

    Wall Unit

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    Sewers

  • Central Vac

    N

  • Living

    4.95 x 4.04 ft Main level

  • Dining

    3.43 x 2.95 ft Main level

  • Kitchen

    3.61 x 3.28 ft Main level

  • Bathroom

    1.98 x 1.07 ft Main level

    2 Pc Bath

  • Primary

    4.11 x 3.08 ft 2nd level

  • 2nd Br

    3.18 x 3.1 ft 2nd level

  • 3rd Br

    3.1 x 3.1 ft 2nd level

  • Bathroom

    2.95 x 2.16 ft 2nd level

    4 Pc Bath

  • Utility

    7.5 x 7.5 ft Bsmt level

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

No Email or Signup is required to view your home estimate.

estimate your home value

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Manoj profile avatar

Inventory Graph

10 9 8 7 6 5 4 3 2 1 0 4 Months of inventory SELLER'S Market BALANCED Market BUYER'S Market

Mortgage Calculator

This data is for informational purposes only.

Mortgage Payment per month

Principal Amount

Interest

Total Payable

Amortization

Amortization

Closing Cost Calculator

This data is for informational purposes only.

Closing Cost Total for this property

Total Cash flow for purchasing this property

Down Payment(%)*
Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Down Payment(%)*

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

No Email or Signup is required to view your home estimate.

estimate your home value

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

Manoj profile avatar

Recent Sold Listings in N. Welland, Welland

Popular Cities