Paul Busnello

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128 RIVER Road, Welland, Ontario

$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:23309)

Listing ID: XH4178422
Property Type: Vacant Land

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Details

Amenities Nearby: Golf Nearby, Hospital, Park, Place of Worship, Public Transit
Community Features: Community Centre
Features: Treed, Wooded area, Sloping
Transaction: For sale
Waterfront: Waterfront
Zoning Description: RL2

Building

Fireplace Present: False
Utility Water: Municipal water

Land

Amenities: Golf Nearby, Hospital, Park, Place of Worship, Public Transit
Sewer: Municipal sewage system
Size Frontage: 76 ft

Listing provided by RE/MAX Escarpment Realty Inc.
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 128 RIVER Road in Welland Ontario. It was last modified on September 17th, 2024. Contact Paul Busnello to schedule a viewing or to discover other Welland properties for sale.

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