237 First Avenue Welland, Ontario L3C 1Y7

3 Bedroom 2 Bathroom 1,100 - 1,500 ft2
Wall Unit Forced Air

$749,850

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. (id:53712)

Property Details

MLS® Number X13239440
Property Type Single Family
Community Name 767 - N. Welland
Equipment Type Water Heater
Features Sump Pump
Parking Space Total 6
Rental Equipment Type Water Heater

Building

Bathroom Total 2
Bedrooms Above Ground 3
Bedrooms Total 3
Age 51 To 99 Years
Appliances Water Meter
Basement Development Unfinished
Basement Type Full (unfinished)
Construction Style Attachment Detached
Cooling Type Wall Unit
Exterior Finish Steel
Foundation Type Poured Concrete
Half Bath Total 1
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 1,100 - 1,500 Ft2
Type House
Utility Water Municipal Water

Parking

Detached Garage
Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 198 Ft
Size Frontage 120 Ft
Size Irregular 120 X 198 Ft
Size Total Text 120 X 198 Ft|1/2 - 1.99 Acres
Zoning Description Rl1

Rooms

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

Utilities

Cable Available
Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/29852373/237-first-avenue-welland-n-welland-767-n-welland

Contact Us

Contact us for more information

Jeff Collins
Salesperson

(905) 788-7435

Royal LePage NRC Realty
1815 Merrittville Hwy, Unit 1
Fonthill, Ontario L2V 5P3

(905) 892-0222
www.nrcrealty.ca/

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