128 River Rd

Welland, L3B 2R9
FOR SALE
$899,900
128 River Rd, Welland
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X8337798
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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.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-12-28 2024-02-26 60 $899,900 - Expired
Property Features
Arts Centre, Golf, Hospital, Park, Part Cleared, Place Of Worship
Property Details
Street
Property Type
Vacant Land
Lot Size
76' x 200'
Acreage
< .50
Fronting
East
Taxes
$4,358 (2023)
Basement
Full, Unfinished
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
Window Unit
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Detached
Listing contracted with Re/Max Escarpment Realty Inc.,
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