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MLS® X13239440
Welland, ON
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.
Broker
ROYAL LEPAGE NRC REALTY
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Detached
237 First Avenue Welland
Welland
Built
51-99
Type
Detached
Basement
Full, Unfinished
Parking
Detached (6)
Property Tax
~$3,689/yr
Heating
Forced Air
Buying Essentials
Square Feet
1300 sqft
Facing Direction
West
Parking
Detached (6)
Finances
List Price
$749,850
Price per SQFT
$577/sqft
Property Tax
~$3,689/yr
Property Specs
Property Type
Detached
MLS Size
1300 sqft
Age of Building
51-99
Basement
Full, Unfinished
Living & Amenities
Heating Type
Forced Air
Features
Sump Pump
Policies & Utilities
Neighbourhood
Welland
Listed On
Jun 3, 2026
Days on Market
Current: 157 days
16.2 x 13.3
215 sqft
11.3 x 9.7
109 sqft
11.8 x 10.8
127 sqft
2 Pc Bath
6.5 x 3.5
23 sqft
13.5 x 10.1
136 sqft
10.4 x 10.2
106 sqft
10.2 x 10.2
103 sqft
4 Pc Bath
9.7 x 7.1
69 sqft
24.6 x 24.6
605 sqft
Rooms
9
Listed Room Area
1,493 sqft
Source
Estimated from MLS room dimensions
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