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13 McMaster

768 - Welland Downtown | Welland

$1,389,900.00

Listed 29 days ago

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

Property history

  • Now
    Listed on Sep 17, 2024

    Listed for $1,389,900.00

    29 days on market

Location & area

Schools nearby

Home Details

Description
DEVELOPERS AND BUILDERS! Underutilised parcel with Huge Potential!! 0.3 acre property (Lot B in photos), Zoned for 6-storey Apartment Building, Retirement home, Lodging home, Daycare, Group home, Multiple dwellings, and Townhomes. You can also buy the adjoining Half-acre residential property (23,239 sqft) at 128 River Rd, listed and sold independently, shown as A in the photos. This would give you a total of 0.8 acres. The view? Right across from Welland River with a clear sight of Merritt Island. Lot A is zoned RL2 (Residential Low Density 2), allowing for a bed & breakfast, group home, detached and semi-detached houses, and townhomes. Currently, Lot A has a charming 2400 sqft, 5-bedroom home built in 1929 with a detached double car garage. On Lot B, there's an impeccable 2-storey 4-Plex with space to add a 5th unit in the lower level. Inquire with the City and conduct your due diligence. This opportunity is worth exploring! (id:39198)
Additional media
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Property taxes
$5,149.00 per year / $429.08 per month
Basement
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Type
Vacant Land
Bedrooms
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Bathrooms
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Parking spots
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    Listing Brokerage

    MLS® Listing
    XH4180740
    Brokerage
    RE/MAX Escarpment Realty Inc.

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