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Four-plex Apt building under power of sale with exceptional redevelopment potential situated on a Oversized lot for the area. The property has received City of Welland approval for a minor variance supporting a 30-unit mid-rise development, consisting of 30 residential units with surface parking in 2023. The existing building currently contains four self-contained units with separate metering available, all of which are vacant. Ideal for Renovator /Investor to renovate all the rental units and lease out at market rents or rebuild. The site is zoned RM - Medium Density Residential which allows develop as mentioned or on a smaller scale. Don't Miss this Opportunity !
City: Welland
Neighborhood: Welland Downtown

| Purchase Price | $639000 |
| Down Payment | $127800 |
| Mortgage Insurance | $0 |
| Total Mortgage | $511200 |
| Mortgage Payment | $3150 |
| Property Taxes | $358 |
| Maintenance Fees | $0 |
| Monthly Payment | $3508 |
Located at 14 Asher St , this Welland house is available for sale. This property was listed for $639,000 on Wed Jan 14 2026. This house's size is < 700 Sqft. It has 7 bedrooms and 4 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 5 parking spots. 14 Asher St, Welland is situated in the Welland Downtown neighbourhood.
MLS#: X12690258 · $639,000 · 7 bedroom house in Welland Downtown, Welland