20
See all 20 photos
$449,900
Est. payment /mo
3 Beds
1 Bath
New
288 First AVE Welland, ON L3C 1Y8
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Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 700-1100
Subdivision 767 - N. Welland
MLS Listing ID X13427040
Style Bungalow
Bedrooms 3
Annual Tax Amount $3,537
Tax Year 2025
Property Sub-Type Detached
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 Niagara
Zoning RL1
Rooms
Basement Full, Partially Finished
Kitchen 1
Interior
Interior Features In-Law Capability, Primary Bedroom - Main Floor
Cooling Central Air
Exterior
Exterior Feature Deck, Porch
Parking Features Detached
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Total Parking Spaces 6
Building
Building Age 51-99
Foundation Concrete Block, Poured Concrete
Lited by REAL BROKER ONTARIO LTD.