Welland, ON L3C5C9 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! (id:7434)