237 First Avenue, Welland, ON L3C 1Y7
767 - N. Welland, Welland · Near Corner of First Ave and Thorold Rd · View map
About this home
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.
The home
- Type
- 1 1/2 storey
- Style
- 1 1/2 Storey
- Square footage
- 1100-1500 sq ft
- Bedrooms
- 3
- Bathrooms
- 2
- Kitchens
- 1
- Rooms
- 8
- Basement
- Full, Unfinished
- Lot size
- 120 x 198 ft
- Faces
- West
- Approximate age
- 51-99 years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Metal/Steel Siding
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Wall Unit(s)
- Fireplace
- No
Garage & parking
- Garage
- Detached
- Garage spaces
- 1
- Driveway spaces
- 5
- Total parking
- 6
- Parking features
- Private Double
Taxes & other
- Property taxes
- $3,689/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- Corner of First Ave and Thorold Rd
- Neighbourhood
- 767 - N. Welland
More
- Price per sq ft
- ~$577 (at 1,300 sq ft)
- Listed
- Jun 4, 2026 · 130 days ago
- MLS® number
- X13239440
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The home and its surroundings
- Sump Pump
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
237 First Avenue, Welland, ON L3C 1Y7
767 - N. Welland, Welland · Near Corner of First Ave and Thorold Rd
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Listing history for 237 First Avenue
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 237 First Avenue
Answers come straight from this home’s MLS® listing.
How much is 237 First Avenue listed for, and what would it cost each month?
237 First Avenue is listed for $749,850. With 20% down ($149,970), the mortgage payment would be roughly $3,025 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $3,332 a month, all in. That figure is an illustration, not a quote.
Is 237 First Avenue freehold or a condo, and is there a monthly fee?
237 First Avenue is a 1 1/2 storey in 767 - N. Welland, Welland. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 237 First Avenue have?
237 First Avenue has 3 bedrooms and 2 bathrooms.
Does 237 First Avenue have a garage and parking?
Yes. The listing shows the garage as detached, with room for 1 car. The driveway adds 5 spaces. In total the listing counts 6 parking spaces.
Does 237 First Avenue have a finished basement?
The listing describes the basement as full, unfinished.
What style of home is 237 First Avenue?
237 First Avenue is a 1 1/2 storey. A 1½-storey home has a full main floor and a partial second floor under the roofline, often with dormer windows.
How big is 237 First Avenue, and what is the lot size?
The listing puts the home between 1,100 and 1,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 120 x 198 ft.
How is 237 First Avenue heated and cooled?
Heating is forced air (gas). Cooling is wall unit(s).
What are the property taxes for 237 First Avenue?
Property taxes are $3,689 a year (2025), or about $307 a month.
Where is 237 First Avenue?
237 First Avenue is in the 767 - N. Welland community of Welland. The nearest main intersection is Corner of First Ave and Thorold Rd. The postal code is L3C 1Y7.
How long has 237 First Avenue been on the market?
237 First Avenue was listed on June 4, 2026. It has been on the market for 130 days. It is an active listing (MLS® X13239440). Listings here update from the board through the day and come down once a home sells.
What are similar bungalows near 237 First Avenue asking?
Similar bungalow-style homes for sale nearby right now include 21 First Avenue at $549,900 (5 bed), 754 South Pelham Road at $537,900 (3 bed) and 88 Summerlea Avenue at $699,000 (2+1 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 237 First Avenue sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 237 First Avenue?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-619-2256.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar bungalows nearby
More bungalow-style homes for sale near 767 - N. Welland, picked by style, size and price.
1 1/2 storey$549,90021 First Avenue, Welland5 bed · 1 bath · 769 - Prince CharlesCourtesy of: RE/MAX ESCARPMENT REALTY INC.View home →
1 1/2 storey$537,900754 South Pelham Road, Welland3 bed · 2 bath · 767 - N. WellandCourtesy of: COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGEView home →
1 1/2 storey$699,00088 Summerlea Avenue, Welland2+1 bed · 2 bath · 767 - N. WellandCourtesy of: ROYAL LEPAGE NRC REALTYView home →Courtesy of: ROYAL LEPAGE NRC REALTY
PropTx MLS® assumes no responsibility for the accuracy of any information shown. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.