A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 288 First Ave, Welland Ontario L3C 1Y8
Re-listed 1 day ago

288 First Ave, Welland, Ontario L3C 1Y8

Detached
3
1
~1059 sqft
$•••,•••
$449,900
Get pre-qualifiedPowered by nesto
Detached
3
1
~1059 sqft

Contact us about this property

Call

Highlights

Property Estimate

Days on market1 day

Total days on market
82 days

Estimated valueNot available

Price/Sqft$424/sqft

Monthly cost

Open Calculator

Description

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!


Property Details

StyleResidential
View-
Age of property1951
SqFt~1059 SqFt
Lot Size11,130 SqFt(159 x 70)
Parking Spaces4
MLS ®Number40838690
Community NameSeaway Mall Area
Data SourceITSO
Listing byReal Broker Ontario Ltd.

Features

Heating: Forced Air, Natural Gas
Cooling: Central Air
Basement: Development Potential, Separate Entrance, Full, Partially Finished

Main Floor

Bathroom

3-Piece

Bedroom

2.77 x 4.93

Kitchen

3.43 x 3.81

Living Room

6.25 x 3.81


Features

Lot size: 11,130 SqFt
Sewer (Municipal)

Parking

Garage spaces 1

Garage type -

Other parking spaces 3

Total parking spaces 4


Property listed by Real Broker Ontario Ltd., Brokerage
Agent Banner Image
Interested in this property?Get in touch to get the inside scoop.

Market Data - Seaway Mall Area

Geo Zone Map ThumbnailSeaway Mall Area

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

19 days

Compared to

2025

31 days

2024

41 days

2023

43 days

New Listings

Past 30 days

22 listings

Compared to

2025

18 listings

2024

22 listings

2023

23 listings

Units sold

Past 30 days

7 units

Compared to

2025

8 units

2024

9 units

2023

13 units

Median Sold Price

Past 30 days

$610,000

Compared to

2025

$587,500

2024

$680,000

2023

$660,000


Population and Demographics

Overview

Total population 4916
Average household income $113,089

Age (%)

0 to 19
19%
20 to 34
18%
35 to 49
17%
50 to 64
21%
65 and plus
25%

Household composition (%)

Single family
69%
Single person
26%
Multi person
5%
Multi family
0%

Mother tongue (%)

English
85%
French
6%
Others
3%
Italian
2%
Spanish
1%
English and French
1%

House tenancy (%)

Owners
80%
Renters
20%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget