Welland (N. Welland), ON
237 FIRST AVENUE
$749,850
Listed by
ROYAL LEPAGE NRC REALTY
Jeff Collins, Salesperson
Data last updated Oct 21, 2026, 9:30 a.m. ET. By using this site you agree to our Terms of Use.
Property facts
- Price
- $749,850
- Type
- Detached
- Bedrooms
- 3
- Bathrooms
- 2
- MLS®
- X13239440
- Status
- active
- Brokerage
- ROYAL LEPAGE NRC REALTY
About this home
Description provided by the listing brokerage
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.