128 River Road, Welland, Ontario L3B 2R9

Listed for:
$899,900
0 beds
0 baths
Listed 17 days ago
128 River Road, Welland, Ontario L3B 2R9

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Learn more about this property
Listing provided by:
RE/MAX ESCARPMENT REALTY INC.
MLS® number:
X8337798
Agent:
Anil Verma
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About

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. (id:27476)

Property Highlights

Type
Cooling type
Window air conditioner
Heating fuel
Natural gas
Fireplace
Yes
Construction material
Parking space
4
Ownership Type
Amenities nearby
Hospital, Park, Place of Worship

Location