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
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MLS# X13239440
Listed by ROYAL LEPAGE NRC REALTY
On market since Jun 4, 2026
What comparable homes actually sold for in the last 12 months.
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 at +1 (416) 716-4439 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.
