$1,389,900
 $7,461 est/mo Sourced by Back At You

13 Mcmaster Avenue , Welland, ON L3B 3S6

Welland, ON L3B 3S6

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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!

Details

MLS#XH4180740
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site34
Listing Provided ByRE/MAX Escarpment Realty Inc. | Anil Verma

Features

ZoningRM, RL2
Golf CourseYes
Water FrontYes
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Listings Checked: 3 minutes ago
ProvinceON
CountyNiagara
CityWelland
Postal CodeL3B 3S6
AreaWelland
Subarea768 Welland Downtown
Community Name768 Welland Downtown
Listing VS Median (in 768 Welland Downtown)
Price:
$1,389,900
low | high
Med:
$450,000
100% of Average
On Site:
34
low | high
Med:
118.000000
28.813559322034% of Average
Sourced by Back At You
Listing Updated: October 16, 2024 at 2:10:04 AM PDT