128 River Rd

Welland | | L3B 2R9
  • 0
  • 0
  • 0

$899,900

Est. Mtg $3,051 /mo
  • Days on market

    195

  • Status

    New

Listing Broker RE/MAX ESCARPMENT REALTY INC.
Since listed: 2 views

Home details

MLS #:

X8337798

Property type:
Vacant Land
Style:
Taxes:
$4,358
Possession:
Flexible
Lot Front:
75.5   Feet
Lot Depth:
200.0   Feet
Basement:
Full | Unfinished
Driveway Pkg:
2
Heat:
Gas | Radiant

Description


128 River Rd, , Welland, Ontario is a Vacant Land property in Welland and in the community in the L3B 2R9 postal code


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..

Extras

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History

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List Date End Date List Price End Price Status MLS #
2023-12 2024-02 $899,900 $899,900 Exp X7369624
2024-05 2024-05 $899,900 $899,900 New X8337798

Comparables

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sold Date Address List Price sold Price DOM
2024-11 PtLt 32 Conc9 Ontario Hydro Acces Rd, $42,999 $38,000 36
2024-11 0 CENTRE St, $139,900 $137,500 47
2024-11 0 Weslemkoon Lake Rd, $150,000 $120,000 29
2024-11 0 Vachon Rd N, $115,000 $95,000 168
2024-11 1296 Maki Rd, $78,000 $64,000 113
2024-11 NA Hwy 35, $84,900 $65,000 49
2024-11 203 North Baptiste Lake Rd, $199,900 $150,000 88
2024-11 1805 Bay Lake Rd, $189,000 $170,000 28
2024-11 00 East Rd, $429,000 $395,000 9
2024-11 Lot 8 Jaguar Dr, $109,900 $90,000 88
2024-11 19 & 21 Railway Terr, $199,900 $160,000 40
2024-11 1313 LEE'S Rd, $395,000 $300,000 43
2024-11 33 PACIFIC RD Rd, $135,000 $128,000 98
2024-11 0 Drag Crt, $129,900 $125,000 106
2024-11 P2 S1/2 LT 24 C3 GLACKMEYER TWP, $69,900 $60,000 168

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Welland :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 128 River Rd

Based on available 3rd party data

$3549

Approximate costs per month

Mortgage
$3051 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$363 p/m
Maintenance
$0 p/m

Amenities:

Features:

  • Arts Centre
  • Golf
  • Hospital
  • Park
  • Part Cleared
  • Place Of Worship
Listing Broker RE/MAX ESCARPMENT REALTY INC.
Data Source: TRREB

Payment calculator

$3414 monthly. In association with: TD Bank
%
  • Principal and Interest
    3051 /mo
  • Property Taxes
    $363 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Angela Aiello, Realtor

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