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For saleMLS® X13239440

237 First Avenue, Welland, ON L3C 1Y7

N. Welland · L3C 1Y7

$749,850

$682 / sq ft

5 months on market

Bedrooms
3
Bathrooms
2
Interior
1,100 sf
Parking
6
Lot
120 × 198 ft
Age
51-99 years

What's special

  • Detached garage
  • Wall unit(s)
  • Finished basement
  • Sump pump

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About this property

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.

Rooms

9 rooms. Dimensions as published by the listing brokerage.

Room dimensions and features
RoomLevelDimensionsFeatures
Living RoomMain4.95 × 4.04 m16.2 × 13.3 ft—
Dining RoomMain3.43 × 2.95 m11.3 × 9.7 ft—
KitchenMain3.61 × 3.28 m11.8 × 10.8 ft—
BathroomMain1.98 × 1.07 m6.5 × 3.5 ft2 Pc Bath
Primary BedroomSecond4.11 × 3.08 m13.5 × 10.1 ft—
Bedroom 2Second3.18 × 3.10 m10.4 × 10.2 ft—
Bedroom 3Second3.10 × 3.10 m10.2 × 10.2 ft—
BathroomSecond2.95 × 2.16 m9.7 × 7.1 ft4 Pc Bath
Utility RoomBasement7.50 × 7.50 m24.6 × 24.6 ft—

Features

  • Sump Pump

Property details

Property

Property type
detached
Bedrooms
3
Bathrooms
2
Interior size
1,100 sq ft
Year built
51-99
Lot size
120 × 198 ft
Zoning
RL1
Possession
Flexible

Interior

Basement
Full, Unfinished
Heating
Forced Air · Gas
Cooling
Wall Unit(s)
Exposure
West

Exterior & services

Construction
Metal/Steel Siding
Garage
Detached
Parking spaces
6
Sewer
Sewer

Costs

List price
$749,850
Property taxes
$3,689 / year (2025)
Price per sq ft
$682
Rental items
Hot Water Heater

Listing

MLS® number
X13239440
Status
For sale
Listed
June 4, 2026
Days on market
154
Last updated
June 12, 2026
Listing brokerage
ROYAL LEPAGE NRC REALTY

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced in line with comparable listings — about 73% of comparable detached listings in N. Welland are asking less.

$531KMedian $668K$855K
This home
$682 / sq ft
Comparable median
$557 / sq ft

Based on 55 comparable active detached listings in N. Welland. These are asking prices, not sale prices.

Mortgage estimate

Down payment6.7% · minimum $49,985
$49,985
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$3,869.67
Property tax (est.)
$307.42
Estimated monthly
$4,177

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$11,472
Total due on closing
$11,472

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.

$749,850

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