128 River Rd
Welland
$899,900
Buy with Dwelly and Save $8,999
Home Details
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Listing Description
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.
City: Welland
Property History
| Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
|---|---|---|---|---|---|
| Dec 28, 2023 | 60 | $899,900 | N/A | Expired | X7369624 |
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 128 River Rd is 4799
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $899900 |
| Down Payment | $179980 |
| Mortgage Insurance | $0 |
| Total Mortgage | $719920 |
Monthly Payment
| Mortgage Payment | $4436 |
| Property Taxes | $363 |
| Maintenance Fees | $0 |
| Monthly Payment | $4799 |
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About 128 River Rd, Welland
Located at 128 River Rd , this Welland house is available for sale. This property was listed for $899,900 on Wed Dec 11 2024. This house's size is 75.50 x 200.00 Feet. It has bedrooms and 0 bathrooms. The property includes the following rooms: . This property comes with 4 parking spots.
MLS#: X8337798 · $899,900 · bedroom house in Welland