$7,990,000
( $665.83Per Sq Foot )
 $42,892 est/mo Sourced by Back At You

595 Ontario Road , Welland, ON L3B 0B3

Welland, ON L3B 0B3

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Description

HUGE INVESTMENT OPPORTUNITY FOR SERIOUS BUYERS located in Welland close to the newly announced Battery Plant. 3.24 acres of open space in the heart of this beautiful city, brings endless investment opportunities. Currently zoned as Institutional which allows for multiple 24 STOREY towers consisting of over 370 RESIDENTIAL UNITS, plus an existing 12,000 square foot medical building (fully leased). The land frontage is 1000 feet. Right across from the new battery plant. *Yes you read that right, ONE THOUSAND feet of frontage!* Many possibilities in this rare piece of land in the heart of a lively city! Walking distance to grocery stores, Tims Hortons, LCBO and many schools. A two minute drive to the Welland Hospital. Ideal for creating attractive living space for families, senior citizens and professionals working in the area. A true show stopper.

Details

MLS#H4197947
Listing TypeFor Sale
StyleCommercial
Sub-TypeResale
StatusActive
Days On Site21
Listing Provided ByBridgecan Realty Corp. | Dave Sohal

Features

SQ Feet12,000
ZoningINSH
Acreage0.07
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Hamilton-Burlington.

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Learn More About This Property

ProvinceON
RegionNiagara
CityWelland
Postal CodeL3B 0B3
Area773 Lincoln | Crowland
Community Name773 Lincoln/Crowland
Listing VS Median (in 773 Lincoln/Crowland)
Price:
$7,990,000
low | high
Med:
$556,950
100% of Average
SqFt:
12,000
low | high
Med:
1,465
100% of Average
$ / SqFt:
$666
low | high
Med:
$407
88.861892371852% of Average
On Site:
21
low | high
Med:
15.000000
100% of Average
Sourced by Back At You
Listing Updated: July 23, 2024 at 12:18:03 AM PDT