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46
New
68
$624,900
287 First Avenue, Welland, ON L3C 1Z1
N. Welland
3 bd
2 ba
1,100 sf
2
5 days on marketMLS® X13753496
Listing courtesy of ROYAL LEPAGE NRC REALTY
N. Welland · L3C 1Y7
$749,850
$682 / sq ft3 months on market
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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.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced above most comparable listings — about 76% of comparable detached listings in N. Welland are asking less.
Based on 51 comparable active detached listings in N. Welland. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $749,850. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of ROYAL LEPAGE NRC REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Listing courtesy of EXP REALTY
$624,900
N. Welland
Listing courtesy of ROYAL LEPAGE NRC REALTY
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Listing courtesy of REAL BROKER ONTARIO LTD.
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Listing courtesy of REVEL Realty Inc., Brokerage
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Listing courtesy of RE/MAX NIAGARA REALTY LTD, BROKERAGE
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Listing courtesy of RE/MAX NIAGARA REALTY LTD, BROKERAGE
