Space
Finished area and layout
- Square Feet
- 1,100-1,500 sqft
- Bedrooms
- 3
- Bathrooms
- 2
Property Snapshot
MLS #X13239440
Finished area and layout
Type, style and structure
This 3-bedroom, 2-bathroom single family in Welland offers 1,100-1,500 sqft of square feet on a 120 x 198 FT lot. 1 storey. The home features forced air, natural gas heating, wall unit, a unfinished, full basement.
PERFECT MINI-DEVELOPMENT POTENTIAL!!! This is a promising development opportunity for investors keen on creating an eight-townhouse site within walking distance of Niagara College. This lot is ideal for either demolishing the existing house to construct eight affordable townhouses or subdividing into three 40-foot frontage lots. With the HST rebate currently available, there is strong demand for land to secure pre-sales. Concept plans suggest the possibility of eight townhouse lots at approximately $100,000 per lot, with an additional $50,000 allocated for consulting and necessary official plan and zoning by-law amendments. Pre-consultations are recommended for any development initiatives, whether for three lots or eight townhouses. A demolition estimate is also available, and tenants are amenable to staying until demolition is required. This is an excellent opportunity for development and land acquisition in a prime student area near Niagara College. Concept plans for townhouse or detached lots available. (id:60351)
Corner of First Ave and Thorold Rd
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Land, frontage and setting
Price, taxes and monthly charges
Listed by Jeff Collins, ROYAL LEPAGE NRC REALTY
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Listed by Jeff Collins, ROYAL LEPAGE NRC REALTY · MLS# X13239440
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