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$899,900
Available - For Sale
Listing ID: X8337798
128 River Rd , Welland, L3B 2R9, Ontario


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.
Price $899,900
Taxes: $4358.00
Address: 128 River Rd , Welland, L3B 2R9, Ontario
Lot Size: 75.50 x 200.00 (Feet)
Acreage: < .50
Directions/Cross Streets: McMaster Ave
Basement: Full, Unfinished
Property Type: Vacant Land
Garage Type: Detached
(Parking/)Drive: Pvt Double
Drive Parking Spaces: 2
Property Features: Arts Centre, Golf, Hospital, Park, Part Cleared, Place Of Worship
Fireplace/Stove: Y
Heat Source: Gas
Heat Type: Radiant
Central Air Conditioning: Window Unit
Sewers: Sewers
Water: Municipal
Utilities-Cable: Y
Utilities-Hydro: Y
Utilities-Gas: Y
Utilities-Telephone: Y
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX ESCARPMENT REALTY INC.
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At a Glance:
Type: Freehold - Vacant Land
Area: Niagara
Municipality: Welland
Neighbourhood:
Style:
Lot Size: 75.50 x 200.00(Feet)
Approximate Age:
Tax: $4,358
Maintenance Fee: $0
Beds:
Baths: 0
Garage: 0
Fireplace: Y
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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