128 River Rd
Welland, L3B 2R9
FOR SALE
$899,900
Expired
$0
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BEDROOMS0
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KITCHENS0
ROOMSX7369624
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2023-12-28 | 2024-02-26 | 60 | $899,900 | - | Expired |
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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.
Extras
Buyers to make their own inquiries with the City and conduct their own due dil
Property Features
Arts Centre, Golf, Hospital, Park, Part Cleared, Place Of Worship
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Property Details
Street
City
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
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