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Active
128 River RD Welland, ON L3B 2R9
UPDATED:
05/14/2024 06:32 PM
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
MLS Listing ID X8337798
Annual Tax Amount $4,358
Tax Year 2023
Property 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.
Location
Province ON
County Niagara
Rooms
Basement Full, Unfinished
Kitchen 0
Interior
Interior Features Other
Cooling Window Unit(s)
Fireplace Yes
Exterior
Garage Private Double
Garage Spaces 2.0
Waterfront No
Waterfront Description Indirect
Building
Unit Features Arts Centre,Golf,Hospital,Park,Part Cleared,Place Of Worship
Listed by RE/MAX ESCARPMENT REALTY INC.