288 First Avenue, Welland, ON L3C 1Y8
288 First Avenue, Welland, ON L3C 1Y8
288 First Avenue, Welland, ON L3C 1Y8
288 First Avenue, Welland, ON L3C 1Y8
288 First Avenue, Welland, ON L3C 1Y8
288 First Avenue, Welland, ON L3C 1Y8
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Listed by Stephen Canjar • Real Broker Ontario Ltd.
$ 424,900
Est. payment | /mo

3 Beds

1 Bath

1,059 SqFt


Save
$ 424,900
Est. payment | /mo
Save

3 Beds

1 Bath

1,059 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,059 sqft

Price per Sqft $401

MLS Listing ID 40838690

Bedrooms 3

Full Baths 1

Abv Grd Liv Area 1,059

Year Built 1951

Annual Tax Amount $3,537

Property Sub-Type Detached

Source Cornerstone

Property Description

ATTENTION INVESTORS, FIRST-TIME BUYERS & DEVELOPERS! Welcome to 288 First Avenue, an incredible opportunity packed with unmatched value and versatility in the heart of Welland.
For first-time buyers and investors looking to add sweat equity, this solid 3-bedroom, 1-bathroom bungalow offers approximately 1,059 square feet of main-floor living space, a full basement waiting for your finishing touches, and a detached garage. The existing home needs a few cosmetic updates, the location is tough to beat—just a couple of blocks from Niagara College and surrounded by all the local amenities, shopping, and transit options you need.
DEVELOPERS TAKE NOTE: The real magic here lies in the land. This house sits on a massive 70' x 159' lot zoned RL1, consisting of two 35-foot lots that are already severed. The development potential here is massive. Explore your options ranging from building modern semi-detached units, a two-unit residential setup, or maximizing the footprint for a potential multi-residential development of up to 8 units.
Whether you want to renovate the existing home and build on the vacant lot, rent it out while drawing up architectural plans, or execute a full multi-unit build, the possibilities are endless. Severed packages of this size in premium locations do not come along often—schedule your viewing today and unlock the potential!

Location

Province ON

County Niagara

Area Welland

Zoning RL1

Rooms

Basement Development Potential, Separate Entrance, Full, Partially Finished

Main Level Bedrooms 3

Kitchen 1

Interior

Interior Features None

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Appliance Water Heater Owned, Dishwasher, Dryer, Refrigerator, Stove, Washer

Laundry In Basement

Exterior

Parking Features Detached Garage

Garage Spaces 1.0

Roof Type Asphalt Shing

Porch Deck, Porch

Lot Frontage 70.0

Lot Depth 159.0

Garage Yes

Building

Lot Description Urban, Park, Place of Worship, School Bus Route, Schools, Shopping Nearby

Foundation Concrete Block, Poured Concrete

Sewer Sewer (Municipal)

Water Municipal-Metered

Level or Stories 1

Structure Type Stucco

New Construction No

Others

Senior Community No

Tax ID 640850409

Ownership Freehold/None

Nearby Locations

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288 First Avenue