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Royal LePage
Royal LePage
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$749,850

237 FIRST AVENUE, Welland (N. Welland), Ontario, L3C 1Y7

MLS® # X13239440

3 Beds

2  Baths

1100 - 1500  FEETSQ

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Welland (N. Welland) ON, L3C 1Y7

MLS® # X13239440

Property Information:

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:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Air Conditioning: Yes
  • Basement Development: Unfinished
  • Basement Type: Full
  • Construction Style - Attachment: Detached
  • Exterior Finish: Steel
  • Floor Space: 1100 - 1500 sqft
  • Foundation Type: Poured Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Wall unit
  • Appliances: Water meter

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 3
  • Bathrooms: 2
  • Half Bathrooms: 1
  • Features: Sump Pump
  • Floor Space (approx): 1100 - 1500 Square Feet
  • Irregular: Yes
  • Lot Depth: 198 Feet
  • Lot Frontage: 120 Feet
  • Lot Size: 120 x 198 FT
  • Utility Type: Cable - Available, Hydro - Installed, Sewer - Installed
  • Zoning: RL1
  • Sewer: Sanitary sewer
  • Parking Type: Detached garage, Garage
  • No. of Parking Spaces: 6

Rooms:

  • Primary Bedroom 2nd Level 4.11 m x 3.08 m
  • 2nd Bedroom 2nd Level 3.18 m x 3.10 m
  • 3rd Bedroom 2nd Level 3.10 m x 3.10 m
  • Bathroom 2nd Level 2.95 m x 2.16 m
  • Utility Basement Level 7.50 m x 7.50 m
  • Living Main Level 4.95 m x 4.04 m
  • Dining 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

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Location of 237 FIRST AVENUE, Welland (N. Welland), Ontario, L3C 1Y7

Demographic Information of 237 FIRST AVENUE, Welland (N. Welland), Ontario, L3C 1Y7

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$110,623.37

Average Number of Children

1.71

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

19.58 %

High school certificate or equivalent

35.1 %

Apprenticeship trade certificate/diploma

6.12 %

College/non-university certificate

23.94 %

University certificate (below bachelor)

0.37 %

University Degree

14.88 %

Commuter

Travel To Work

By Car

93.78 %

By Public Transit

0.0 %

By Walking

0.43 %

By Bicycle

0.14 %

By Other Methods

5.65 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

27.52 %

Houses

72.48 %

Own Vs. Rent

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