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Welland,ON L3B 2R9
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID XH4178422
Annual Tax Amount $4,358
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. This property invites the savvy developer to envision and create a destination that goes beyond bricks and mortar, offering a lifestyle that is both aspirational and distinctive. Buyers to make their own inquiries with the City and conduct their own due diligence.
Location
Province ON
County Niagara
Area Welland
Zoning RL2
Rooms
Other Rooms Other
Exterior
Utilities Available Cable Connected,Hydro,Laterals Installed,Municipal,Municipal Water,Natural Gas Connected,Sewer Connected,Street Lights,Phone Connected,Transit Service
Waterfront Yes
Waterfront Description Indirect,Indirect Waterfront,River/Stream
Building
Lot Description Urban,Irregular Lot,Arts Centre,Near Golf Course,Hospital,Library,Park,Part Cleared,Place of Worship,Public Transit,Rec./Community Centre,Sloped,Wooded/Treed
Sewer Sewer (Municipal)
Water Municipal
New Construction No