- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 1,100–1,500sq ft
- Per sq ft
- $577at the range’s middle
- Lot
- 0.50 – 1.99 acres
- Tax a year
- $3,6892025 tax year
- Built
- 51-99
- Parking
- 61 detached
- Days on market
- Members
The brief
About 237 First Ave
237 First Ave is a 3-bedroom, 2-bathroom detached house in N. Welland, Welland, listed for sale at an asking price of $749,850 (MLS® X13239440).
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.
Insights
Condition Score
Good68/1006 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall20/100−$1,478/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 13 homes with 3 bedrooms for lease in N. Welland right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $3,689 / 2025
- MLS® number
- X13239440
- Board
- TRREB MLS®
- Property Type
- Detached
- Building Age
- 51-99
- Days on market
- Size
- 1100-1500 sqft
- Lot Size
- 120 x 198 ft
- Listed on
- Parking
- 1 Detached, 6 Parking
Property details
Property
- Property Type
- Detached
- Style
- 1 1/2 Storey
- Community
- N. Welland
- Municipality
- Welland
Building
- Size
- 1100-1500 sqft
- Building Age
- 51-99
- Construction
- Metal/Side
Inside
- Bedrooms
- 3
- Bathrooms
- 2
- Bathroom Details
- 1 × 2pc Main, 1 × 4pc 2nd
- Basement Type
- Full
- Kitchens
- 1
Parking
- Driveway
- Pvt Double
- Garage Type
- Detached
- Garage
- 1
- Additional Parking
- 5
- Total Parking
- 6
Utilities
- Water
- Municipal
- Cooling
- Wall Unit
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 120 ft
- Depth
- 198 ft
- Lot Size
- 120 x 198 ft
Additional
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Fireplace
- No
- Pool
- None
- Den
- No
- Family room
- No
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 4.04 × 4.95 m | — | Main |
| Dining | 2.95 × 3.43 m | — | Main |
| Kitchen | 3.28 × 3.61 m | — | Main |
| Bathroom | 1.07 × 1.98 m | 2 Pc Bath | Main |
| Primary | 3.08 × 4.11 m | — | 2nd |
| 2nd Br | 3.1 × 3.18 m | — | 2nd |
| 3rd Br | 3.1 × 3.1 m | — | 2nd |
| Bathroom | 2.16 × 2.95 m | 4 Pc Bath | 2nd |
| Utility | 7.5 × 7.5 m | — | Bsmt |
Listing history
Buy/sell history for 237 First Ave, Welland, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $749,850 | N/A | For Sale | X13239440 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $149,970
- Total mortgage amount
- $599,880
- Total interest payment
- $426,420
- Total purchase cost
- $1,176,270
- Mortgage payment
- $3,421/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
55%Monthly carrying cost
$3,728- Rent $2,250
- Shortfall $1,478
Rental income opens at $2,250, the median asking rent of 13 comparable homes for lease in N. Welland. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $11,472
- Total land transfer tax
- $11,472
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $7,472
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $749,850
- $6,997
- Ontario total
- $11,472
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Lot area
- 23,760 sq ft2,207 m²
- Street frontage
- 120 ft36.6 m
- Depth
- 198 ft60.4 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by MPAC.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation2
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m250 m
Province of Ontario open data
Planning and building activity2
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- Nearest airport: 5.1 km5.1 km
Province of Ontario open data
Around the home1
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Regional Municipality of Niagara — Welland Wastewater Treatment Plant, 1.9 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Welland Hydro-Electric System Corp.At the address
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (20 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Cogeco Connexion, Niagara Regional Broadband Network. Cable: Cogeco Connexion. DSL: Bell. Fixed wireless: Bell, Last Mile Wireless Internet, NWIC, Rogers, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Niagara Peninsula Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
The market
Detached homes for sale in N. Welland right now
- For sale now
- 58
- Median asking price
- $672K
- New in 7 days
- 5
- Price cuts
- 31%
Middle half: $575K to $760K
20 in 28 days
18 listings
This home is asking 12% above the median.
See all homes in N. WellandAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Glendale Public SchoolDSB Niagara | Public · grades JK–8 | 500 m | 69%Grade 6 average |
| Ross Public SchoolDSB Niagara | Public · grades JK–8 | 850 m | 78%Grade 6 average |
| St Kevin Catholic Elementary SchoolNiagara CDSB | Catholic · grades JK–8 | 1.1 km | 96%Grade 6 average |
| ÉÉC du Sacré-Coeur-WellandConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–8 | 1.6 km | 80%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Welland Centennial Secondary SchoolDSB Niagara | Public · grades 9–12 · French Immersion | 550 m | 65%Grade 9 math |
| Notre Dame College SchoolNiagara CDSB | Catholic · grades 9–12 · French Immersion | 1.2 km | 56%Grade 9 math |
| ÉSC Saint-Jean-de-BrébeufConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 2.3 km | 67%Grade 9 math |
| École secondaire Franco-NiagaraConseil scolaire Viamonde | French-language public · grades 9–12 | 3.4 km | 48%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in N. Welland are shown to signed-in members.