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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
1-333-345-6868info@summitly.ca

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 14 days

    237 First Avenue

    N. Welland·Welland, ON·L3C 1Y7·Near Corner of First Ave and Thorold Rd

    • 3 beds
    Welland real estate›X13239440
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    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.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    AI highlights by Zara
    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jun 3, 2026ListedCurrentFor sale$749,850 —X13239440This page
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      4
      Heating
      Forced Air
      Air conditioning
      Wall Unit(s)
      Water source
      Municipal
      Sewer
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 237 First Avenue
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $3,684
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $307
    0.49% mill rate · ON
    The market

    How this home sits in the Welland market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Welland market right now

    Average sold price, days on market, and closed-transaction count for Welland — sourced from MLS®.

    • Avg sold price
      $560,244
      Last 30 days
    • Median sold price
      $537,950
      Middle of the market
    • Days on market
      41 d
      Avg from list to close
    • Closed last 30d
      214
      MLS® transactions
    Full Welland market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 237 First Avenue — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 237 First Avenue and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 237 First Avenue listed for?

      237 First Avenue is listed at $749,850 on the MLS® (listing X13239440). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 237 First Avenue have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

  1. 2 baths
  2. 1100-1500 sqft
  3. Detached
  4. Built 51-99
  5. .50-1.99 ac lot
  6. Asking
    $749,850
    $0 / sqft · MLS® X13239440
    Chat Zara
  7. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $560,244
    $515,424Confidence range$605,064
    Asking vs estimate
    ↑↑well-above
    +$189,606
    (+33.8%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 3 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Welland sell in about 41 days — this one has been listed 14 days.

    Avg sold price
    $560,244
    Median sold
    $537,950
    Avg days on market
    41
    Recently sold
    214
    See comparable sales
    This lot is ideal for either demolishing the existing house to construct eight affordable townhouses or subdividing into three 40-foot frontage lots.
  8. 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.
  9. Pre-consultations are recommended for any development initiatives, whether for three lots or eight townhouses.
  10. Concept plans for townhouse or detached lots available.
  11. Ask Zara a follow-up
    Sewer
  12. Parking & garage

    4
    Garage
    Detached
    Garage spaces
    1
    Parking spaces
    6
    Driveway
    Private Double
  13. Interior

    6
    Basement
    Full, Unfinished
    Family room
    N
    Kitchens
    1
    Total rooms
    8
    Laundry level
    Lower Level
    Accessibility
    N
  14. Exterior & construction

    4
    Exterior
    Metal/Steel Siding
    Roof
    Asphalt Shingle
    Foundation
    Poured Concrete
    Pool
    None
  15. Lot & land

    2
    Year built
    51-99
    Zoning
    RL1
  16. Listing & possession

    4
    Possession
    2026-07-10T00:00:00.000-00:00
    Occupancy
    Flexible
    Property style
    1 1/2 Storey
    Property class
    Detached
  17. Room-by-room · 9 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Main level

    4 rooms
    • Kitchen
      11.8 × 10.8 ft
    • Bathroom
      2 Pc Bath
      6.5 × 3.5 ft
    • Dining Room
      11.3 × 9.7 ft
    • Living Room
      16.2 × 13.3 ft

    Second level

    4 rooms
    • Primary Bedroom
      13.5 × 10.1 ft
    • Bathroom
      4 Pc Bath
      9.7 × 7.1 ft
    • Bedroom 3
      10.2 × 10.2 ft
    • Bedroom 2
      10.4 × 10.2 ft

    Basement level

    1 room
    • Utility Room
      24.6 × 24.6 ft
    Combined estimate
    $3,991
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $3,684
    /mo
    based on the purchase price of $749,850
    $149,970 cash
    $599,880 financed
    $505,256 total interest
    Monthly payment$3,684/ month
    Principal54%$599,880
    Interest46%$505,256

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    Comparable detacheds that just sold in Welland

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 69 Darby Road
      Sold
      Sign in for price
      69 Darby Road
      Detached
    • 17 HURON Street
      Sold
      Sign in for price
      17 HURON Street
      Detached
    • 18 Erie Street
      Sold
      Sign in for price
      18 Erie Street
      Detached
    • 12 Claremount Circle
      Sold
      Sign in for price
      12 Claremount Circle
      Detached
    • 197 Aqueduct Street
      Sold
      Sign in for price
      197 Aqueduct Street
      Detached
    • 28 Vanjo Drive
      Sold
      Sign in for price
      28 Vanjo Drive
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    237 First AvenueThis home3 / 211,001,500$749,850ask———
    69 Darby Road3 / 11,500—
    17 HURON Street2 / 1700—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More detacheds in Welland

    Active listings within ±20% of this asking price.

    • 412 Autumn Crescent
      $699,000
      412 Autumn Crescent
      Detached 3 4
    • 412 Autumn Crescent
      $699,000
      412 Autumn Crescent
      Detached 3 4
    • 269 Cardinal Crescent
      $825,000
      269 Cardinal Crescent
      Detached 4 3
    • 26 Trent Avenue
      $690,000
      26 Trent Avenue
      Detached 3 3
    • 15 Carrol Street
      $599,900
      15 Carrol Street
      Detached 3 2
    • 26 Trent Avenue
      $690,000
      26 Trent Avenue
      Detached 3 3
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  18. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  19. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  20. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  21. Public listing courtesy of ROYAL LEPAGE NRC REALTY · displayed on Summitly per MLS® data-share rules

    237 First Avenue is a 3-bedroom, 2-bath, 1100-1500 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  22. When was 237 First Avenue built?

    237 First Avenue was built in 51-99. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  23. What is the property tax for 237 First Avenue?

    The 'Property tax' tab in the History section shows the most recent annual tax for 237 First Avenue plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  24. How much would the monthly mortgage be on 237 First Avenue?

    The affordability calculator on this page shows an estimated monthly mortgage for $749,850 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  25. Has 237 First Avenue been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 237 First Avenue with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  26. What neighbourhood is 237 First Avenue in?

    237 First Avenue is in N. Welland, Welland. The 'Neighbourhood' section below links to the live Welland real estate hub with average sold price, days on market, and current inventory.

  27. Is Welland a good place to live?

    Welland is one of ON's actively-tracked Summitly markets. The full Welland real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  28. 18 Erie Street
    2 / 2
    1,100
    —
    12 Claremount Circle3 / 31,100—
    197 Aqueduct Street4 / 31,500—
    28 Vanjo Drive3 / 31,500—