237 First Avenue, Welland, Ontario L3C 1Y7

Listed for:
$749,850
3 beds
2 baths
Listed 15 days ago
House for rent: 237 First Avenue, Welland, Ontario L3C 1Y7

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About

Corner of First Ave and Thorold Rd 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:27476)

Property Highlights

MLS® Number
X13239440
Type
Single Family
Community Name
767 - N. Welland
Ownership Type
Freehold
Land Size
120 x 198 FT|1/2 - 1.99 acres
Parking Space Total
6

Building

Building Type
House
Storeys
1.50
Square Footage
1100 - 1500 sqft
Bathrooms Total
2
Bedrooms Above Ground
3
Bedrooms Total
3
Exterior Finish
Steel
Fireplace Present
No
Basement Type
Full (Unfinished)
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Wall unit

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Room Layout

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

Location

Learn more about this property
Listing provided by:
ROYAL LEPAGE NRC REALTY
MLS® number:
X13239440
Agent:
Jeff Collins
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Street Spotlight - For sale