237 First Avenue, Welland, ON L3C 1Y7
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.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 237 First Avenue, Welland, ON L3C 1Y7
Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.
MLS# X13239440
Listed by ROYAL LEPAGE NRC REALTY
On market since Jun 4, 2026
237 First Avenue, Welland, ON L3C 1Y7 is listed for $749,850 CAD.
237 First Avenue, Welland, ON L3C 1Y7 has 3 bedrooms and 2 bathrooms.
237 First Avenue, Welland, ON L3C 1Y7 is a Detached.
237 First Avenue, Welland, ON L3C 1Y7 is in Welland, Ontario.
237 First Avenue, Welland, ON L3C 1Y7 is currently for sale.
Contact Michael Mezheritsky to arrange a private showing of 237 First Avenue, Welland, ON L3C 1Y7 (MLS# X13239440). You can also send a message through the contact form on this site.
