128 River Road Welland, Ontario L3B 2R9
$899,900
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. This property invites the savvy developer to envision and create a destination that goes beyond bricks and mortar, offering a lifestyle that is both aspirational and distinctive. Buyers to make their own inquiries with the City and conduct their own due diligence. (id:50787)
Property Details
| MLS® Number | H4178422 |
| Property Type | Vacant Land |
| Amenities Near By | Golf Course, Hospital, Public Transit, Recreation |
| Community Features | Community Centre |
| Features | Park Setting, Treed, Wooded Area, Sloping, Partially Cleared, Park/reserve, Golf Course/parkland |
| Water Front Type | Waterfront Nearby |
Building
| Basement Type | None |
| Utility Water | Municipal Water |
Land
| Access Type | River Access |
| Acreage | No |
| Land Amenities | Golf Course, Hospital, Public Transit, Recreation |
| Sewer | Municipal Sewage System |
| Size Depth | 200 Ft |
| Size Frontage | 75 Ft |
| Size Irregular | L - Shaped 0.53 Acre |
| Size Total Text | L - Shaped 0.53 Acre|1/2 - 1.99 Acres |
| Surface Water | Creek Or Stream |
| Zoning Description | Rl2 |
Utilities
| Cable | Available |
| Electricity | Available |
| Natural Gas | Available |
| Sewer | Available |
| Telephone | Available |
| Water | Available |
https://www.realtor.ca/real-estate/26307916/128-river-road-welland
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November 24 2023 12:07:36
REALTORS® Association of Hamilton-Burlington
RE/MAX Escarpment Realty Inc.