Each Office Independently Owned and Operated
109 Portia Drive, Ancaster, ON  L9G 0E8

Residential Building Lot Land for Sale

MLS# H4178422 Price: $899,900



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.

What's your Walk Score? 66 Somewhat Walkable

What's your Transit Score? 38 Some Transit

Property Details: 128 RIVER Road (near McMaster Ave )
Listing# 163709


Location

Address 128 RIVER Road
City Welland
Cross Streets McMaster Ave
District Welland (7)
Neighbourhood Welland Downtown (768)
Listing Agent Anil Verma

Description

Sub Type Residential Building Lot Price $ 899,900
Lease Rate Per For Sale LotSize L - shaped 0.53 acre
Location Welland

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.