128 River Road, Welland MLS Number: XH4178422
Welland, Niagara, ON, L3B 2R9$899,900
Status: For Sale
- Property Type: Land ()
- Property Taxes : $4358 (Tax Year:2023)
- Listing Courtesy : Re/max Escarpment Realty Inc.
Maximum 4 project can be compared at one go.
$899,900
Status: For Sale
DEVELOPERS! BUILDERS! Half acre residential property (23,239 sqft) across from Welland River with views of Merritt Island. Zoned RL2 (Residential Low Density 2) - permits Bed & Breakfast, Group home, Detached, Semi-Detached, and Townhomes. Labelled as property A in photos. Can be purchased with the abutting 0.3 acre (14,000 sqft) property (labelled B in images) zoned RM (Medium Density) for a total of 0.8 acres. RM Zoning permits 6-Storey Apartment Building, Lodging home, Day Care, Group Home, Retirement Home, Multiple Dwellings, & Townhomes. At present the property has a character-filled 2400 sqft 5 Bedroom home built in 1929 with a detached double car garage. Property B currently houses an updated 2-storey 4-plex with the owner occupying one unit. Consider the prospect of a residential development that not only capitalizes on the natural beauty of the surroundings but also leverages the proximity to the river and the captivating island as a key selling point. This property invites the savvy developer to envision and create a destination that goes beyond bricks and mortar, offering a lifestyle that is both aspirational and distinctive. Buyers to make their own inquiries with the City and conduct their own due diligence.
Property Type | :Land |
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MLS Number | :XH4178422 |
Listing Type | :Sale |
Possession Date | : |
Last Updated | :16 Oct, 2024 (37 Days ago) |
Source | :Hamilton - Burlington |
Area | :Niagara |
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City | :Welland |
Area Major | :Welland |
Area Minor | :768 - Welland Downtown |
Postal Code | : L3B 2R9 |
Directions | :Between Evan St. and McMaster Ave. |
Price | : $899,900 |
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Property Taxes | :$4358 |
Tax Year | :2023 |
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Place of Worship | :No |
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Cross Street | :McMaster Ave |
Bathrooms | :0 |
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03 Oct, 2024
TREB #XH4178422
Listed
$899900