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!
288 First Avenue
767 - N. Welland, Welland, Niagara $424,900Make an offer
3 Beds
1 Baths
700-1100 sqft
Detached
Garage
Parking for 5
East Facing
Zoning: RL1
- MLS®#:
- X13427040
- Property Type:
- Detached
- Property Style:
- Bungalow
- Area:
- Niagara
- Community:
- 767 - N. Welland
- Taxes:
- $3,537 / 2025
- Added:
- June 09 2026
- Lot Frontage:
- 70.17
- Lot Depth:
- 159.59
- Status:
- Active
- Outside:
- Stucco (Plaster)
- Year Built:
- 51-99
- Basement:
- Full,Partially Finished
- Brokerage:
- REAL BROKER ONTARIO LTD.
- Lot :
-
159
70
BIG LOT
- Intersection:
- Thorold Rd & Woodlawn Rd
- Rooms:
- Bedrooms:
- 3
- Bathrooms:
- 1
- Fireplace:
- Utilities
- Water:
- Municipal
- Cooling:
- Central Air
- Heating Type:
- Forced Air
- Heating Fuel:
| Living Room | 6.28 x 3.85m Main Level |
|---|---|
| Kitchen | 3.43 x 3.85m Main Level |
| Bedroom | 3.96 x 3.78m Main Level |
| Bedroom 2 | 2.76 x 4.93m Main Level |
| Bedroom 3 | 2.76 x 2.77m Main Level |
| Bathroom | 2.52 x 1.98m 3 Pc Bath Main Level |
| Foyer | 4.44 x 3.56m Basement Level |
| Family Room | 4.06 x 6.31m Basement Level |
| Laundry | 3.21 x 4.14m Basement Level |
| Utility Room | 3.55 x 4.44m Basement Level |
Listing Details
Insights
- Investment Potential: The property is situated on a large 70' x 159' lot that is already severed into two 35-foot lots, offering significant development opportunities for investors. This zoning allows for the construction of modern semi-detached units or a multi-residential setup of up to 8 units, making it a prime candidate for maximizing returns.
- Renovation Opportunity: The existing 3-bedroom, 1-bathroom bungalow provides a solid foundation for first-time buyers or investors looking to add value through cosmetic updates. With a full basement that is partially finished, there is ample space to create additional living areas or rental units.
- Prime Location: Located just a couple of blocks from Niagara College and surrounded by essential amenities, shopping, and transit options, this property is ideally positioned for both residential living and rental demand, enhancing its attractiveness to potential buyers and renters alike.
Sale/Lease History of 288 First Avenue
View all past sales, leases, and listings of the property at 288 First Avenue.Neighborhood Overview
Complete neighborhood profile for 288 First Avenue
767 - N. Welland home prices
Average sold price for Detached, Semi-Detached, Condo, Townhomes in 767 - N. Welland
Insights for 288 First Avenue
View the highest and lowest priced active homes, recent sales on the same street and postal code as 288 First Avenue, and upcoming open houses this weekend.
* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)
