Listed for:Listed Jun 3, 2026
$749,850

237 First Avenue

Welland (N. Welland), ON L3C 1Y7

Detached House For Sale
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Sale & Price History for 237 First Avenue, Welland, N. Welland

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 237 First Avenue, Welland, N. Welland

Summarized Description

  • Promising development opportunity for investors.
  • Potential for eight affordable townhouses.
  • Located near Niagara College.
  • Possibility to subdivide into three lots.
  • HST rebate enhances investment appeal.
  • Strong demand for pre-sales in the area.
  • Demolition estimate and tenant flexibility available.
  • Concept plans suggest viable development options.

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. Ask agent for any concept plans for townhouse or detached lots.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,689
Land Transfer Tax Fee
$11,472

Rental Items

Rental Equipment
Hot Water Heater
Under Contract
Hot Water Heater

Basement Type
Full, Unfinished

Interior Features

Laundry Level
Lower Level
Interior Extras
Sump Pump
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Detached
Building Style
1 1/2 Storey
Approx Age
51-99

Construction

Exterior Finish
Metal/Steel Siding
Roof
Asphalt Shingle
Foundation Details
Poured Concrete
Special Designation
Unknown

Lot

Lot Front
120.00 ft
Lot Depth
198.00 ft
Lot Shape
Rectangular

Parking & Garages

Garage Type
Detached
Garage Spaces
1
Parking Spaces
5
Total Garage And Parking Spaces
6

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Wall Unit(s)
Water
Municipal
Sewers
Sewer
Natural Gas
Yes
Hydro
Yes
Cable
Available
Telephone
Available

Bedrooms
3
Washrooms
2
Kitchens
1

Room sizes

  • Living Room—
    Main level
  • Dining Room—
    Main level
  • Kitchen—
    Main level
  • Bathroom—
    Main level, 2 Pc Bath
  • Primary Bedroom—
    Second level
  • Bedroom 2—
    Second level
  • Bedroom 3—
    Second level
  • Bathroom—
    Second level, 4 Pc Bath
  • Utility Room—
    Basement level

Washrooms

  • 2-piece, Main
  • 4-piece, Second

Municipality
Welland
Neighbourhood
N. Welland
Main cross streets
Corner of First Ave and Thorold Rd
Zoning
RL1
Directions
Corner of First Ave and Thorold Rd

MLS® number
X13239440
Data source
Toronto Regional Real Estate Board
Listed on
2026-06-03
Updated on
2026-06-12
Days on market
137 days
Possession date
2026-07-10
Possession type
Flexible
Co-op commission
2% + HST
Seller
Listed by
ROYAL LEPAGE NRC REALTY

Home Market Value

Current home valuation for 237 First Avenue, Welland, N. Welland, Welland, ON. Listed for $749,850

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 237 First Avenue, Welland, N. Welland

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Welland, ON
Minimum Down Payment Required:6.7%

5% on first $500K + 10% on $249,850 over $500K

Minimum down payment

$49,985

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$27,984$20,921$17,846$0
=Total mortgage
$727,594$695,786$655,218$599,880
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$3,552monthly$3,397monthly$3,199monthly$2,929monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$11,472

Total Land Transfer Tax

$11,472

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9/100Almost All Errands Require a Car
0/100Minimal Transit
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