288 FIRST Avenue, Welland, Ontario
$424,900
- 3 Beds
- 1 Bath
- 1,059 Square Feet
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:23309)
- Listing ID: 40838690
- Property Type: Single Family
- Year Built: 1951
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 288 FIRST Avenue in Welland Ontario. It was last modified on June 10th, 2026. Contact Paul Busnello to schedule a viewing or to discover other Welland homes for sale.