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. (id:47594)
MLS® Number | H4178422 |
Property Type | Vacant Land |
AmenitiesNearBy | Golf Course, Hospital, Public Transit, Recreation |
CommunityFeatures | Community Centre |
Features | Park Setting, Treed, Wooded Area, Sloping, Partially Cleared, Park/reserve, Golf Course/parkland |
WaterFrontType | Waterfront Nearby |
BasementType | None |
UtilityWater | Municipal Water |
AccessType | River Access |
Acreage | No |
LandAmenities | Golf Course, Hospital, Public Transit, Recreation |
Sewer | Municipal Sewage System |
SizeDepth | 200 Ft |
SizeFrontage | 75 Ft |
SizeIrregular | L - Shaped 0.53 Acre |
SizeTotalText | L - Shaped 0.53 Acre|1/2 - 1.99 Acres |
SurfaceWater | Creek Or Stream |
ZoningDescription | Rl2 |
Cable | Available |
Electricity | Available |
Natural Gas | Available |
Sewer | Available |
Telephone | Available |
Water | Available |
https://www.realtor.ca/real-estate/26307916/128-river-road-welland
Contact us for more information
Anil Verma
Salesperson