$899,900 FOR SALE

Land

Lot: 75 x 200 ft

128 River Road
Welland, ON L3B 2R9

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:47423)

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Listed By RE/MAX Escarpment Realty Inc.
Data Provided By REALTORS® Association of Hamilton-Burlington
MLS® Listing Number H4178422
Last Updated Nov 23, 2023
Property Summary
Property Type Land

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Price History
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Detailed Information
Lot 75 x 200 ft
Amenities Nearby Golf Course, Hospital, Public Transit, Recreation
Community Features Community Centre
Features Park setting, Treed, Wooded area, Sloping, Partially cleared, Park/reserve, Golf course/parkland
Listing Contract Date 2023-11-22
Location Description URBAN
Property Type Vacant Land
Transaction Type For sale
Waterfront Type Waterfront nearby
Zoning Description RL2
Building
Basement Type None
Utility Water Municipal water
Utilities
Type Description
CableAvailable
ElectricityAvailable
Natural GasAvailable
SewerAvailable
TelephoneAvailable
WaterAvailable
Land
Total Size L - shaped 0.53 acre | 1/2 - 1.99 acres
Access Type River access
Amenities Golf Course, Hospital, Public Transit, Recreation
Sewer Municipal sewage system
Size of Irregular Land L - shaped 0.53 acre
Surface Water Creek or Stream

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