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 upon request. (id:36058)
| MLS® Number | X13239440 |
| Property Type | Single Family |
| Community Name | 767 - N. Welland |
| Equipment Type | Water Heater |
| Features | Sump Pump |
| Parking Space Total | 6 |
| Rental Equipment Type | Water Heater |
| Bathroom Total | 2 |
| Bedrooms Above Ground | 3 |
| Bedrooms Total | 3 |
| Age | 51 To 99 Years |
| Appliances | Water Meter |
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Construction Style Attachment | Detached |
| Cooling Type | Wall Unit |
| Exterior Finish | Steel |
| Foundation Type | Poured Concrete |
| Half Bath Total | 1 |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1,100 - 1,500 Ft2 |
| Type | House |
| Utility Water | Municipal Water |
| Detached Garage | |
| Garage |
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 198 Ft |
| Size Frontage | 120 Ft |
| Size Irregular | 120 X 198 Ft |
| Size Total Text | 120 X 198 Ft|1/2 - 1.99 Acres |
| Zoning Description | Rl1 |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Primary Bedroom | 4.11 m | 3.08 m | 4.11 m x 3.08 m |
| Second Level | Bedroom 2 | 3.18 m | 3.1 m | 3.18 m x 3.1 m |
| Second Level | Bedroom 3 | 3.1 m | 3.1 m | 3.1 m x 3.1 m |
| Second Level | Bathroom | 2.95 m | 2.16 m | 2.95 m x 2.16 m |
| Basement | Utility Room | 7.5 m | 7.5 m | 7.5 m x 7.5 m |
| Main Level | Living Room | 4.95 m | 4.04 m | 4.95 m x 4.04 m |
| Main Level | Dining Room | 3.43 m | 2.95 m | 3.43 m x 2.95 m |
| Main Level | Kitchen | 3.61 m | 3.28 m | 3.61 m x 3.28 m |
| Main Level | Bathroom | 1.98 m | 1.07 m | 1.98 m x 1.07 m |
| Cable | Available |
| Electricity | Installed |
| Sewer | Installed |
https://www.realtor.ca/real-estate/29852373/237-first-avenue-welland-n-welland-767-n-welland
(905) 892-0222
www.nrcrealty.ca/
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