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237 First Avenue

Welland (N. Welland), Ontario L3C1Y7

MLS # X13239440

$749,850

Property Details

Type

Townhouse

Beds

3

Baths

2

Status

For Sale

About this property

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.

Mortgage Estimate

Estimated monthly payment

Calculating…

Estimate only. Taxes, insurance, condo fees, and lender terms are not included.

Monthly costs to verify

Property taxes: about $307/month based on listed annual taxes.

Estimate only. Confirm taxes, condo/maintenance fees, insurance, utilities, and lender terms before making decisions.

Rooms

Room Level Dimensions
Living room Main level 4.95 x 4.04
Dining room Main level 3.43 x 2.95
Kitchen Main level 3.61 x 3.28
Bathroom Main level 1.98 x 1.07
Primary Bedroom Second level 4.11 x 3.08
Bedroom 2 Second level 3.18 x 3.1
Bedroom 3 Second level 3.1 x 3.1
Bathroom Second level 2.95 x 2.16
Utility room Basement 7.5 x 7.5

Facts & Location

Parking

6 spaces

Lot Size

120 x 198 FT

Annual Taxes

$3,689

Listing data

Listing information is provided for personal, non-commercial use and should be independently verified before making real estate decisions.

Last refreshed: Aug 25, 2026 2:15 AM

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