Maximum 4 project can be compared at one go.
$1,389,900
Status: For Sale
DEVELOPERS AND BUILDERS! Underutilised parcel with Huge Potential!! 0.3 acre property (Lot B in photos), Zoned for 6-storey Apartment Building, Retirement home, Lodging home, Daycare, Group home, Multiple dwellings, and Townhomes. You can also buy the adjoining Half-acre residential property (23,239 sqft) at 128 River Rd, listed and sold independently, shown as ''A'' in the photos. This would give you a total of 0.8 acres. The view? Right across from Welland River with a clear sight of Merritt Island. Lot A is zoned RL2 (Residential Low Density 2), allowing for a bed & breakfast, group home, detached and semi-detached houses, and townhomes. Currently, Lot A has a charming 2400 sqft, 5-bedroom home built in 1929 with a detached double car garage. On Lot B, there's an impeccable 2-storey 4-Plex with space to add a 5th unit in the lower level. Inquire with the City and conduct your due diligence. This opportunity is worth exploring!
| Property Type | :Land |
|---|---|
| MLS Number | :XH4180740 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :16 Oct, 2024 (16 Days ago) |
| Source | :Hamilton - Burlington |
| Area | :Niagara |
|---|---|
| City | :Welland |
| Area Major | :Welland |
| Area Minor | :768 - Welland Downtown |
| Postal Code | :
L3B 3S6
|
| Directions | :Near River Rd and John St intersection. |
| Price | : $1,389,900 |
|---|---|
| Property Taxes | :$5149 |
| Tax Year | :2023 |
|---|
| Place of Worship | :No |
|---|---|
| Cross Street | :River Rd |
| Bathrooms | :0 |
|---|
| Parking Space | :0 |
|---|
| Lot Features | :Wooded/Treed |
|---|---|
| Park | :Park |
| Library | :Library |
03 Oct, 2024
TREB #XH4180740
Price Change
$1389900
$1,389,900
13 Mcmaster Avenue, Niagara, ON
Listing ID #XH4180740
Price drop by $100,000
Price drop by $100,000