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Home ON St. Catharines - Niagara Welland West Main
1 DREW STREET
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1 DREW STREET $1,200,000
21 hours ago
$1,200,000
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1 DREW STREET
Welland (Broadway), Ontario L3C5H8

MLS® Number: X12764630
0
Bathrooms
-
Square Feet

Listing Description

Residential Development Site. Property is zoned RL2 which allows for singles, semis, townhomes and multiple dwellings. Lot is approximately 0.7 hectares. Current official plan allows for maximum density of 24 units per net hectare which equates to 16.8 units. Application could be made to apply for a potential change to medium density of 25 to 60 dwelling units and as high as a 6 storey building or to a high density zoning which would allow for 61 to 125 dwelling units per net hectare and up to an 8 storey apartment building. Free pre-consultation virtual appointments available with the city. According to city staff, the city appears open to moving the development of this property to a higher density. Phase One Environmental Site Assessment and a Proposal for a Phase Two ESA were completed in the past. Potential offers from city regarding brownfield incentives such as site assessment grant for Phase Two and if clean up is required there is a tax increment grant program, rebates of planning and building fees, city and regional development charges exemption, etc. See city planning staff for complete details. Although MPAC states frontage of 120 feet, the property technically has its frontage on Kline's Avenue with two frontages there - one being 25 feet and one 60 feet on the unimproved portion at end of Kline's Avenue. Potential access for development also from Drew Street. Note: Known as 1 Drew Street however no actual municipal address. (42096660)

Location Description

Known as 1 Drew Street however no actual municipal address. Entry also from end of Kline's Avenue.

Property Summary

Property Type
Vacant Land
Community Name
772 - Broadway
Land Size
120 x 686 FT|1/2 - 1.99 acres
Annual Property Taxes
$7,188
Parking Type
No Garage
Time on REALTOR.ca
21 hours

Building

Bathrooms
Total
0
Utilities
Utility Type
Cable (Available), Electricity (Installed), Sewer (Available)
Parking
Parking Type
No Garage

Land

Lot Features
Frontage
120 ft
Land Depth
686 ft
Soil Type
Clay
Other Property Information
Zoning Description
RL2
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