237 First Avenue, Welland, ON
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of N. Welland. Expertly crafted featuring premium metal/steel siding construction, this residence presents an exceptional opportunity offered at $749,850 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 120 x 198 ft lot
- Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Sump Pump
- equipped with wall unit(s) central cooling and highly efficient forced air heating via gas
Description
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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Property Summary
This detached home located at 237 First Avenue, Welland is currently for sale and has been available on SousaSells for 92 days. This property is listed at $749,850 with an estimated mortgage of $2,496* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 237 First Avenue, Welland is in the N. Welland neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in N. Welland, Welland.
- •3 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •1100-1500 sqft of generous functional square footage
Families, couples, or downsizers looking for a well-proportioned home in Welland.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Sump Pump
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 237 First Avenue, Welland, ON
Q.What is the asking price for 237 First Avenue, Welland, ON ?
The current listing price for 237 First Avenue, Welland, ON in N. Welland, Welland is $749,850.
Q.How many bedrooms and bathrooms does this property have?
This property features 3 bedrooms and 2 bathrooms across approximately 1100-1500 sqft.
Q.What property type and architectural style is 237 First Avenue, Welland, ON ?
237 First Avenue, Welland, ON is a Detached (1 1/2 Storey) featuring a Full, Unfinished basement.
Q.What interior features are included in this home?
Interior highlights include: Sump Pump.
Q.Is parking available at this property?
Yes, this property offers parking space for 6.0 vehicles (Detached).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Wall Unit(s).
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
N. Welland, Welland
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 237 First Avenue, Welland, ON L3C 1Y7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Welland, ON
For a property listed at $749,850 in Welland, the legal minimum down payment is $49,985 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $11,472 for this transaction. As this listing is in Welland (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $11,472.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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