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

$749,850

MLS® # X13239440

House For Sale In Woodlawn, Welland (N. Welland), Ontario

$749,850

  • 3

    Bedrooms

  • 2

    Baths

  • 120 x 198 FT

    Lot Size

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

Courtesy of: Royal LePage NRC Realty

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Additional Photos