Residential Building Lot Land for Sale

MLS# H4180740 Price: $1,489,900




Property 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!

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What's your Walk Score? 61 Somewhat Walkable

What's your Transit Score? 37 Some Transit

Property Details: 13 McMaster Avenue (near River Rd )
Listing# 72687


Location

Address 13 McMaster Avenue
City Welland
Cross Streets River Rd
District Welland (7)
Neighbourhood Welland Downtown (768)
Listing Agent Anil Verma

Description

Sub Type Residential Building Lot Price $ 1,489,900
Lease Rate Per For Sale LotSize 90' wide at the rear
Location Welland

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Notice! Information contained herein has been obtained from sources deemed reliable. While we have no reason to doubt its accuracy we regret that we cannot guarantee it. All information subject to change and/or withdrawal without notice.