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288 First Avenue Welland, Ontario L3C 1Y8

3 Bedroom 1 Bathroom 1059 sqft
Central Air Conditioning Forced Air

$449,900

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! (id:61499)

Property Details

MLS® Number 40838690
Property Type Single Family
AmenitiesNearBy Park, Place Of Worship, Schools, Shopping
CommunityFeatures School Bus
EquipmentType Water Heater
ParkingSpaceTotal 4
RentalEquipmentType Water Heater
Structure Porch

Building

BathroomTotal 1
BedroomsAboveGround 3
BedroomsTotal 3
Appliances Dishwasher, Refrigerator, Stove
BasementDevelopment Partially Finished
BasementType Full (partially Finished)
ConstructedDate 1951
ConstructionStyleAttachment Detached
CoolingType Central Air Conditioning
ExteriorFinish Stucco
FoundationType Block
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 1
SizeInterior 1059 Sqft
Type House
UtilityWater Municipal Water

Parking

Detached Garage

Land

Acreage No
LandAmenities Park, Place Of Worship, Schools, Shopping
Sewer Municipal Sewage System
SizeDepth 159 Ft
SizeFrontage 70 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription Rl1

Rooms

Level Type Dimensions
Basement Utility Room 11'6'' x 14'6''
Basement Foyer 14'6'' x 11'7''
Basement Laundry Room 10'5'' x 13'4''
Basement Family Room 13'3'' x 20'7''
Main Level Bedroom 9'1'' x 9'1''
Main Level Bedroom 9'1'' x 16'2''
Main Level Bedroom 12'9'' x 12'4''
Main Level 3pc Bathroom Measurements not available
Main Level Kitchen 11'3'' x 12'6''
Main Level Living Room 20'6'' x 12'6''

https://www.realtor.ca/real-estate/29885160/288-first-avenue-welland

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Stephen Canjar
Salesperson


Real Broker Ontario Ltd.
4145 North Service Rd. 2nd Flr
Burlington, Ontario L7L 6A3

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