595 Ontario Road Welland, Ontario L3B 0B3
$7,990,000
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. (id:52603)
Property Details
| MLS® Number | 40649434 |
| Property Type | Institutional - Special Purpose |
Building
| Basement Type | None |
| Size Exterior | 12000.0000 |
| Size Interior | 12000 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | Yes |
| Sewer | Municipal Sewage System |
| Size Depth | 3 Ft |
| Size Frontage | 1000 Ft |
| Size Total Text | 2 - 4.99 Acres |
| Zoning Description | Insh |
https://www.realtor.ca/real-estate/27440559/595-ontario-road-welland
398 Mohawk Road E.
Hamilton, Ontario L8V 2H7
(905) 526-7551
(905) 526-6658
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September 19 2024 03:16:29
REALTORS® Association of Hamilton-Burlington
Bridgecan Realty Corp.