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128 River

| Welland

$899,900.00

Listed 5 months ago

  • - bed
  • 0 bath
  • - sqft
  • 4.0 parking
  • Vacant Land

Instant Estimate

$837,436

-$62,464 compared to list price

  • Upper range

    $1,155,074

  • Mid range

    $837,436

  • Lower range

    $519,798

Property history

  • Now
    Listed on May 14, 2024

    Listed for $899,900.00

    149 days on market

  • Dec 28, 2023
    10 months ago

    Expired

    Listed for $899,900.00 • 2 months on market

Location & area

Schools nearby

Home Details

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.
Additional media
-
Property taxes
$4,358.00 per year / $363.17 per month
Basement
Full
Basement
Unfinished
Year build
-
Type
Vacant Land
Bedrooms
Bathrooms
0
Parking spots
4.0 Total | 2.0 Garage
Floor
-
Balcony
-
Pool
-
External material
-
Roof type
-
Lot frontage
-
Lot depth
-
Heating
Radiant
Fire place(s)
Y

    Listing Brokerage

    MLS® Listing
    X8337798
    Brokerage
    RE/MAX ESCARPMENT REALTY INC.

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