237 First Avenue
About this property
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.
Features & finishes
Property details
| MLS® Number | X13239440 |
| Status | Active |
| Listing Type | For Sale |
| Property Type | Single Family Home |
| Interior Size | 1,100 sq ft |
| Beds / Baths | 3 bed · 2 bath |
| Neighbourhood | 767 - N. Welland |
| City | Welland |
| Postal Code | L3C 1Y7 |
| Province | ON |
| Listed Date | June 4, 2026 |
| Days on Market | 63 |
| Price per Sq Ft | $682 |
| Brokerage | ROYAL LEPAGE NRC REALTY |
Location
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