288 First Avenue
Welland (N. Welland), ON L3C 1Y8
- 3Bedrooms
- 1Bathroom
- 1Garage
- 700–1100Sq Ft
- $3,537Tax
- 70×160 ftLot Size
Estimated Value:$366,500See Free Estimate Report
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About 288 First Avenue, Welland, N. Welland
Summarized Description
- Solid 3-bedroom, 1-bathroom bungalow.
- Full basement ready for finishing touches.
- Detached garage included with the property.
- Massive 70' x 159' lot with development potential.
- Zoned RL1 with two severed lots.
- Close to Niagara College and amenities.
- Ideal for investors and first-time buyers.
- Possibilities for multi-unit residential development.
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 property 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!
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $3,537
- Land Transfer Tax Fee
- $4,474
Rental Items
- Rental Equipment
- hot water heater
- Basement Type
- Full, Partially Finished
Interior Features
- Laundry Level
- Lower Level
- Interior Extras
- In-Law Capability, Primary Bedroom - Main Floor
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Exterior Extras
- Deck, Porch
- Pool
- None
Building
- Building Type
- Detached
- Building Style
- Bungalow
- Approx Age
- 51-99
Construction
- Exterior Finish
- Stucco (Plaster)
- Roof
- Asphalt Shingle
- Foundation Details
- Concrete Block, Poured Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 70.17 ft
- Lot Depth
- 159.59 ft
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
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 3
- Washrooms
- 1
- Kitchens
- 1
- Family / bonus room
- Yes
Room sizes
- Living Room—Main level
- Kitchen—Main level
- Bedroom—Main level
- Bedroom 2—Main level
- Bedroom 3—Main level
- Bathroom—Main level, 3 Pc Bath
- Foyer—Basement level
- Family Room—Basement level
- Laundry—Basement level
- Utility Room—Basement level
Washrooms
- 3-piece, Main
- Municipality
- Welland
- Neighbourhood
- N. Welland
- Main cross streets
- Thorold Rd & Woodlawn Rd
- Zoning
- RL1
- Directions
- Thorold Rd to First Ave
- Waterfront
- None
- MLS® number
- X13427040
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-08-11
- Listed on
- 2026-06-09
- Days on market
- 63 days
- Possession type
- Flexible
- Co-op commission
- 2.0
- Seller
- Listed by
- REAL BROKER ONTARIO LTD.
Home Market Value
Current home valuation for 288 First Avenue, Welland, N. Welland, Welland, ON. Listed for $399,900
HOMEH Estimate
$366,500
Estimated Sales Range
$321,967 - $411,033
HOMEH Estimate for 288 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
5% of purchase price for homes $500K or less
$19,995
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $15,196 | $11,157 | $9,518 | $0 |
=Total mortgage | $395,101 | $371,067 | $349,433 | $319,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $1,929monthly | $1,812monthly | $1,706monthly | $1,562monthly |
Land Transfer Tax
$4,474
$4,474
Around this home
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