$899,900
FOR SALE

Vacant Land

Lot: 75.5 x 200 ft
2023 Taxes: $4,358

128 River Rd
Welland, ON L3B 2R9 | Niagara

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.
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Listed By RE/MAX ESCARPMENT REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X8337798
Last Updated May 14, 2024
Property Summary
Property Type Vacant Land

More like this:
PIN 641060010
Legal Description LTS 41 & 42 PL 611; PT LT 52 PL 611, PT 1 59R5595 ; WELLAND
Possession Date Flexible
Taxes (2023) $4,358
Directions/Cross Streets Mcmaster Ave
Area Niagara
Price History

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Detailed Information
Fronting On E
Property Features Arts Centre, Golf, Hospital, Park, Part Cleared, Place Of Worship
Waterfront Indirect
Special Designations Unknown
Lot 75.5 x 200 ft
Acreage <.50
Air Conditioning Window Unit
Fireplace/Stove Y
Basement Full, Unfinished
Drive Pvt Double
Garage Spaces 2.0
Garage Type Detached
Parking Spaces 2
Total Parking Spaces 4.0
Heat Source Gas
Heat Type Radiant
Sewers Sewers
Utilities-Hydro Y
Utilities-Gas Y
Utilities-Cable Y
Utilities-Telephone Y
Water Municipal
Seller Property Info Statement N

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