-
From Our Gallery
Description
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!
Location Description
Thorold Rd & Woodlawn Rd
Property Detail
- Community: 767 - N. Welland
- Property Type: Owner/Residential Freehold
- Bedrooms: 3
- Bath: 1
- Garages: Detached
- Annual Property Taxes : $ 3537
- sqft
Facts and Features
- Foundation Type: Concrete Block-Poured Concrete
- Counstruction Material : Stucco (Plaster)
- Total Parking Space : 6
- Parking Type : Detached
Amenities
Listing Contracted With: REAL BROKER ONTARIO LTD.