Size
-
Lot size
1112.05 sqm
Street frontage
S
Possession
-
Price per sqm
-
Taxes
-
Parking Type
None
Style
-
See what's nearby
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!
Broker: RE/MAX Escarpment Realty Inc.
MLS®#: H4180740
Property details
Parking:
No
Parking type:
None
Property type:
-
Heating type:
-
Style:
-
MLS Size:
-
Lot front:
19.2 M
Lot depth:
57.91 M
Listed on:
Nov 23, 2023
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