128 River Rd

Welland | | L3B 2R9
  • 0
  • 0
  • 0

$899,900

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

    146

  • 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
2024-10 Lot 221 Seventeenth Ave, $59,400 $44,000 103
2024-10 35 Little Long Lake Rd, $329,900 $270,000 51
2024-10 0 Harburn Rd, $224,900 $190,000 120
2024-10 4235 Fly Rd, Lot #1 $299,900 $250,000 146
2024-10 101 Fire Route, McKellar Lake Rd, 19 $275,000 $250,000 7
2024-10 4235 Fly Rd, Lot #2 $299,900 $250,000 146
2024-10 PC11277 Morrisette Township, $85,000 $41,000 100
2024-10 4235 Fly Rd, Lot #4 $299,900 $250,000 146
2024-09 PCL 8550 BOURKES Rd, $149,000 $130,000 208
2024-09 Lot 23 Concession 2 (Laflamme Rd) Rd, $299,999 $180,000 165
2024-09 169 Joly Strong Rd, $99,000 $90,400 147
2024-09 0 Varty Rd, $65,000 $65,000 15
2024-09 205 Felbers Rd, $45,000 $42,000 22
2024-09 L31352 Larder Lake, $69,900 $65,000 7
2024-09 0 Concession 7, $110,000 $98,000 109

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

Amadore Zhao, Realtor

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