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128 River Road Welland, Ontario L3B 2R9

Waterfront

$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:57069)

Property Details

MLS® Number XH4178422
Property Type Vacant Land
AmenitiesNearBy Golf Nearby, Hospital, Park, Place Of Worship, Public Transit
CommunityFeatures Community Centre
Features Treed, Wooded Area, Sloping
WaterFrontType Waterfront

Building

UtilityWater Municipal Water

Land

Acreage No
LandAmenities Golf Nearby, Hospital, Park, Place Of Worship, Public Transit
Sewer Municipal Sewage System
SizeDepth 200 Ft
SizeFrontage 76 Ft
SizeTotalText 1/2 - 1.99 Acres
ZoningDescription Rl2

Utilities

Cable Available
Electricity Available
Natural Gas Available
Sewer Available
Telephone Available
Water Available

https://www.realtor.ca/real-estate/27430316/128-river-road-welland


RE/MAX Escarpment Realty Inc.
860 Queenston Road Unit 4b
Stoney Creek, Ontario L8G 4A8

(905) 545-1188
(905) 664-2300

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