Single Family Home $ 399,900

288 First Avenue

Welland, ON L3C 1Y8

  • 3 Beds
  • 1 Bath
    Full Baths: 1
  • 1,059 SqFt
  • 1951 Year Built
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!
Listed by Stephen Canjar of Real Broker Ontario Ltd.

PROPERTY DETAIL

  • Key Details

    Property Type Single Family Home

    Sub Type Detached

    Listing Status Active Under Contract

    Purchase Type For Sale

    Square Footage 1, 059 sqft

    Price per Sqft $377

    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

  • Location

    Province ON

    County Niagara

    Area Welland

    Zoning RL1

  • Rooms

    Basement Development Potential, Separate Entrance, Full, Partially Finished

    Main Level Bedrooms 3

    Kitchen 1

  • 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

  • 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

  • Others

    Senior Community No

    Tax ID 640850409

    Ownership Freehold/None

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CONTACT

Stephen Canjar
Stephen Canjar

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