Listing Details

237 FIRST AVENUE
Welland (N. Welland), Ontario L3C1Y7

ID# X13239440

$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. Concept plans for townhouse or detached lots available. (id:62577)

3 Bedroom 2 Bathroom

Wall unit Forced air

Primary BedroomSecond level4.11 m x 3.08 m
Bedroom 2Second level3.18 m x 3.1 m
Bedroom 3Second level3.1 m x 3.1 m
BathroomSecond level2.95 m x 2.16 m
Utility roomBasement7.5 m x 7.5 m
Living roomMain level4.95 m x 4.04 m
Dining roomMain level3.43 m x 2.95 m
KitchenMain level3.61 m x 3.28 m
BathroomMain level1.98 m x 1.07 m
Bathroom Total 2
Bedrooms Total 3
Half Bathrooms Total 1
Cooling Type Wall unit
Heating Type Forced air
Heating Fuel Natural gas
Stories Total 1.5
237 FIRST AVENUE
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  • 237 FIRST AVENUE
  • 237 FIRST AVENUE
  • 237 FIRST AVENUE
  • 237 FIRST AVENUE
  • 237 FIRST AVENUE
  • 237 FIRST AVENUE
  • 237 FIRST AVENUE