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128 RIVER Road Welland, ON L3B2R9
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision 768 - Welland Downtown
MLS® Listing ID XH4178422
Originating Board Cornerstone - Hamilton-Burlington
Property Description
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. (id:24570)
Location
Province ON
Exterior
Parking Features No
Community Features Community Centre
View Y/N No
Private Pool No
Building
Sewer Municipal sewage system
Listed by RE/MAX Escarpment Realty Inc.
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