DEVELOPERS AND BUILDERS! Underutilised parcel with Huge Potential!! 0.3 acre property (Lot B in photos), Zoned for 6-storey Apartment Building, Retirement home, Lodging home, Daycare, Group home, Multiple dwellings, and Townhomes. You can also buy the adjoining Half-acre residential property (23,239 sqft) at 128 River Rd, listed and sold independently, shown as A in the photos. This would give you a total of 0.8 acres. The view? Right across from Welland River with a clear sight of Merritt Island. Lot A is zoned RL2 (Residential Low Density 2), allowing for a bed & breakfast, group home, detached and semi-detached houses, and townhomes. Currently, Lot A has a charming 2400 sqft, 5-bedroom home built in 1929 with a detached double car garage. On Lot B, there's an impeccable 2-storey 4-Plex with space to add a 5th unit in the lower level. Inquire with the City and conduct your due diligence. This opportunity is worth exploring! (id:47421)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Lot
63 x 190 ft
Amenities Nearby
Golf Nearby, Hospital, Park, Place of Worship, Public Transit, Schools
Community Features
Quiet Area, Community Centre
Features
Treed, Wooded area, Sloping
Listing Contract Date
2023-11-23
Location Description
Near River Rd and John St intersection.
Property Type
Vacant Land
Transaction Type
For sale
Zoning Description
RM, RL2
Building
Utility Water
Municipal water
Utilities
Type
Description
Cable
Available
Electricity
Available
Natural Gas
Available
Sewer
Available
Telephone
Available
Water
Available
Land
Total Size
under 1/2 acre
Amenities
Golf Nearby, Hospital, Park, Place of Worship, Public Transit, Schools
Sewer
Municipal sewage system
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