45 Riverside Drive, Welland, ON Image 1

$599,900

$624,900
4.0% dropped

Last price change May 13

Vacant Land For Sale
MLS - #X12088332
May 13- By REVEL Realty Inc., Brokerage

45 Riverside Drive, Welland, ON L3C 5C9

0 Bed
0 Bath
< 700 Sqft.

Property Description

Property type

Vacant Land

Lot size

Not Applicable

Style

Approx. Area

< 700 Sqft

About 45 Riverside Drive

Excellent development opportunity with this hidden gem amongst other residential properties with 155' of Frontage and the deepest point of the Lot at 214' deep, facing the Welland River! Precedent has been set on the street with Lots two doors down from this property at (37 & 39 Riverside Dr) severed with semi detached builds on them. Minimum of 6 doors can be developed on this property (3 separate semi detached homes with possible ADU's in each for 12 doors total) with other possible potential to build up to a 2-3 story multi-unit building with enough space for parking. Ideal location 5 minutes from downtown, close to schools, bus routes, groceries, and all other amenities. Home on property is in need of heavy repair it was built in 1885. Value is in the land. HST included in Sale price due to existing home on property. Quick possession available to start this development as soon as possible!

Home Overview

Last updated

May 13

Virtual tour

None

Basement information

Building size

--

Status

In-Active

Property sub type

Vacant Land

Maintenance fee

$N/A

Year built

2024

Additional Details

Basement:N/A
Cooling:N/A
Heating:N/A
Parking Features:Private
14
Similar Homes Found
$298,936
Average Price
100.7%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Location

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Walk Score for 45 Riverside Drive

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$2291.21/ month

Some information about this property - Riverside Drive

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