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! (id:4069)
Address |
13 MCMASTER Avenue |
List Price |
$1,389,900 |
Property Type |
Vacant Land |
Area |
Ontario |
Sub-Area |
Welland |
MLS® Number |
XH4180740 |
Listing Brokerage |
RE/MAX Escarpment Realty Inc.
|
Postal Code |
L3B3S6 |
Zoning |
RM, RL2 |
Site Influences |
Golf Nearby, Hospital, Park, Place of Worship, Public Transit, Schools |
Features |
Treed, Wooded area, Sloping |