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$ 399,900
Est. payment /mo
Active Under Contract
288 First AVE Welland, ON L3C 1Y8
3 Beds
1 Bath
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active Under Contract
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
Rooms
Family Room Yes
Basement Full, Partially Finished
Kitchen 1
Interior
Interior Features In-Law Capability, Primary Bedroom - Main Floor
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Exterior Feature Deck, Porch
Garage Spaces 1.0
Pool None
Waterfront Description None
Roof Type Asphalt Shingle
Lot Frontage 70.17
Lot Depth 159.59
Total Parking Spaces 6
Building
Building Age 51-99
Foundation Concrete Block, Poured Concrete
Others
ParcelsYN No
Listed by REAL BROKER ONTARIO LTD.
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