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.
For sale
C$749,850
237 1st Ave, Welland, ON L3C 1Y7
3beds
2baths
Single Family Residence
Built in ----
0.55 Acres Lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
- 44 days |
- 8 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
ROYAL LEPAGE NRC REALTY
Source: TRREB,MLS®#: X13239440
Originating MLS®#: Niagara Association of REALTORS
Originating MLS®#: Niagara Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Primary bedroom
- Level: Second
- Dimensions: 4.11 x 3.08
Bedroom 2
- Level: Second
- Dimensions: 3.18 x 3.1
Bedroom 3
- Level: Second
- Dimensions: 3.1 x 3.1
Bathroom
- Level: Main
- Dimensions: 1.98 x 1.07
Bathroom
- Level: Second
- Dimensions: 2.95 x 2.16
Dining room
- Level: Main
- Dimensions: 3.43 x 2.95
Kitchen
- Level: Main
- Dimensions: 3.61 x 3.28
Living room
- Level: Main
- Dimensions: 4.95 x 4.04
Utility room
- Level: Basement
- Dimensions: 7.5 x 7.5
Heating
- Forced Air, Gas
Cooling
- Wall Unit(s)
Features
- Basement: Full,Unfinished
- Has fireplace: No
Interior area
- Living area range: 1100-1500 null
Property
Parking
- Total spaces: 6
- Parking features: Private Double
- Has garage: Yes
Features
- Stories: 1.5
- Pool features: None
Lot
- Size: 0.55 Acres
- Features: Rectangular Lot
Details
- Parcel number: 640820048
- Other equipment: Sump Pump
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Metal/Steel Siding
- Foundation: Poured Concrete
- Roof: Asphalt Shingle
Utilities & green energy
- Sewer: Sewer
Community & HOA
Location
- Region: Welland
Financial & listing details
- Tax assessed value: C$194,000
- Annual tax amount: C$3,689
- Date on market: 6/4/2026
ROYAL LEPAGE NRC REALTY
ROYAL LEPAGE NRC REALTY
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Price history
Price history is unavailable.
Public tax history
Tax history is unavailable.
Climate risks
Neighborhood: L3C
Nearby schools
GreatSchools rating
- 4/10Harry F Abate Elementary SchoolGrades: 2-6Distance: 12.6 mi
- 3/10Gaskill Preparatory SchoolGrades: 7-8Distance: 13.4 mi
- 3/10Niagara Falls High SchoolGrades: 9-12Distance: 14.3 mi
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