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Home ON St. Catharines - Niagara Welland Cordage
595 ONTARIO Road
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595 ONTARIO Road $10,000,000
$10,000,000
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595 ONTARIO Road
Welland, Ontario L3B0B3

MLS® Number: 40649434

Listing Description

HUGE INVESTMENT OPPORTUNITY FOR SERIOUS BUYERS located in Welland close to the newly announced Battery Plant. 3.24 acres of open space in the heart of this beautiful city, brings endless investment opportunities. Currently zoned as Institutional which allows for multiple 24 STOREY towers consisting of over 370 RESIDENTIAL UNITS, plus an existing 12,000 square foot medical building (fully leased). The land frontage is 1000 feet. Right across from the new battery plant. *Yes you read that right, ONE THOUSAND feet of frontage!* Many possibilities in this rare piece of land in the heart of a lively city! Walking distance to grocery stores, Tims Hortons, LCBO and many schools. A two minute drive to the Welland Hospital. Ideal for creating attractive living space for families, senior citizens and professionals working in the area. A true show stopper. (68089993)

Location Description

ONTARIO ROAD AND SOUTHWORH STREET

Property Summary

Property Type
Institutional - Special Purpose
Storeys
0
Subdivision Name
773 - Lincoln/Crowland
Title
Freehold
Land Size
2 - 4.99 acres
Annual Property Taxes
$29,254
Time on REALTOR.ca
57 days

Building

Interior Features
Basement Type
None
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water

Measurements

Square Footage
12000 sqft
Exterior Building Size
12000 sqft

Land

Lot Features
Frontage
1000 ft
Land Depth
3 ft
Other Property Information
Zoning Description
INSH
Data provided by: Cornerstone - Hamilton-Burlington 505 York Boulevard, Hamilton, Ontario L8R 3K4
Dave Sohal