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:48215)

Property Details

MLS® Number XH4178422
Property Type Vacant Land
Amenities Near By Golf Nearby, Hospital, Park, Place Of Worship, Public Transit
Community Features Community Centre
Features Treed, Wooded Area, Sloping
Water Front Type Waterfront

Building

Utility Water Municipal Water

Land

Acreage No
Land Amenities Golf Nearby, Hospital, Park, Place Of Worship, Public Transit
Sewer Municipal Sewage System
Size Depth 200 Ft
Size Frontage 76 Ft
Size Total Text 1/2 - 1.99 Acres
Zoning Description 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

Anil Verma
Salesperson

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

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

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

Follow Us on Social

Newsletter

For exclusive news and market updates sign up for Impact’s newsletter