288 First Avenue, Welland ON

About 288 First Avenue

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! (id:56071). Get more information on 288 First Avenue

Property Features

Appliances:  Dishwasher, Refrigerator, Stove
Rental Equipment:  Water Heater
Zoning Description:  RL1
Interior Size:  1059 sqft
Community Features:  School Bus
Lot:  under 1/2 acre
Exterior Finish:  Stucco
Water:  Municipal water, Municipal sewage system
Heating / Cooling:   Natural gas / Central air conditioning
Age:  1951
Foundation: Block
Constructed Date:  1951
Basement:  Full (Partially finished) Partially finished

Rooms & Sizes

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