$ 899,900
128 River RD Welland, ON L3B 2R9
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$ 899,900
Est. payment | /mo
$ 899,900
Est. payment | /mo
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
MLS Listing ID X8337798
Annual Tax Amount $4,358
Tax Year 2023
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.
Location
Province ON
County Niagara
Rooms
Basement Full, Unfinished
Kitchen 0
Interior
Interior Features Other
Cooling Window Unit(s)
Fireplace Yes
Heat Source Gas
Exterior
Garage Private Double
Garage Spaces 2.0
Waterfront No
Waterfront Description Indirect
Parking Type Detached
Total Parking Spaces 4
Building
Unit Features Arts Centre,Golf,Hospital,Park,Part Cleared,Place Of Worship
Listed by RE/MAX ESCARPMENT REALTY INC.
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