FOR SALE
$335,000
56 Welland, St. Catharines, ON, L2R 2M5
2
1
700-1100
About the Property
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!
About the Property
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!
Property Details
MLS#:
X13427040
Status:
Sold
Property Type:
Detached
Central A/C:
No
Bedrooms:
3
Heating Fuel:
Forced Air
Bathrooms:
1
Heating Type:
Forced Air
Parking:
1 Spot
Cross Street:
Thorold Rd & Woodlawn Rd
Basement:
Full, Partially Finished
Property Details
MLS#:
X13427040
Status:
Sold
Property Type:
Detached
Central A/C:
No
Bedrooms:
3
Heating Fuel:
Forced Air
Bathrooms:
1
Heating Type:
Forced Air
Parking:
1 Spot
Cross Street:
Thorold Rd & Woodlawn Rd
Basement:
Full, Partially Finished
Maintenance:
Exterior:
Stucco (Plaster)
Possession Date:
Presented By:
REAL BROKER ONTARIO LTD.
Maintenance:
Exterior:
Stucco (Plaster)
Possession Date:
Presented By:
REAL BROKER ONTARIO LTD.