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Home ON St. Catharines - Niagara Welland Market Square
128 RIVER Road
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128 RIVER Road $899,900
$899,900
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128 RIVER Road
Welland, Ontario L3B2R9

MLS® Number: XH4178422
0
Bathrooms
-
Square Feet

Listing Description

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. (31608738)

Location Description

Between Evan St. and McMaster Ave.

Property Summary

Property Type
Vacant Land
Subdivision Name
768 - Welland Downtown
Land Size
1/2 - 1.99 acres
Annual Property Taxes
$4,358
Time on REALTOR.ca
12 days

Building

Bathrooms
Total
0
Building Features
Features
Treed, Wooded area, Sloping
Utilities
Utility Type
Cable (Available), Electricity (Available), Natural Gas (Available), Sewer (Available), Telephone (Available), Water (Available)
Utility Sewer
Municipal sewage system
Water
Municipal water
Neighbourhood Features
Community Features
Community Centre
Amenities Nearby
Golf Nearby, Hospital, Park, Place of Worship, Public Transit

Land

Lot Features
Frontage
76 ft
Land Depth
200 ft
Other Property Information
Zoning Description
RL2
Waterfront Features
Waterfront
Waterfront
Data provided by: Cornerstone - Hamilton-Burlington 505 York Boulevard, Hamilton, Ontario L8R 3K4

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