128 River Road, Welland, ON

$899,900

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0.35

Acres

About 128 River Road

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.

Features of 128 River Road

MLS® # H4178422
Price $899,900
Bathrooms 0.00
Acres 0.35
Type Land
Sub-Type Single Family Residence
Status Active

Community Information

Address 128 River Road
Area Welland Downtown
Subdivision Welland Downtown
City Welland
County Niagara
Province ON
Postal Code L3B 2R9

Amenities

Utilities Cable Connected, Natural Gas Connected, Sewer Connected, Street Lights, Phone Connected, Transit Service
Is Waterfront Yes
Waterfront Indirect, River/Stream

Interior

Fireplace No
Has Basement No

Exterior

Lot Description Urban, Irregular Lot, Arts Centre, Near Golf Course, Hospital, Library, Park, Part Cleared, Place of Worship, Near Public Transit, Rec./Commun.Centre, Sloped, Wooded

Additional Information

Date Last Updated June 14th, 2024
Zoning RL2

Listing Details

OfficeRe/Max Escarpment Realty Inc.

Listing Map

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