$749,850
FOR SALE

Detached 1 1/2 Storey

Bedrooms: 3Bathrooms: 2Lot: 120 x 198 ft
2025 Taxes: $3,689

237 First Ave
Welland, ON L3C 1Y7 | 767 - N. Welland | Niagara

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.
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Listed By ROYAL LEPAGE NRC REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X13239440
Last Updated Jun 04, 2026
Property Summary
Property Type Detached

More like this:
PIN 640820048
Legal Description PT TWP LT 242 THOROLD , AS IN RO209026 ; WELLAND
Possession Date Flexible
Taxes (2025) $3,689
Directions/Cross Streets Corner of First Ave and Thorold Rd
Neighbourhood 767 - N. Welland
Area Niagara
Price History

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Detailed Information
Fronting On West
Special Designations Unknown
Bedrooms 3
Bathrooms 2
Lot 120 x 198 ft
Exterior Metal/Steel Siding
Air Conditioning Wall Unit(s)
Basement Full, Unfinished
Garage Type Detached
Garage/Park Spaces Y
Parking Spaces 5
Heat Source Gas
Heat Type Forced Air
Sewers Sewer

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