$4,390,000

744 First Avenue

Welland ON, L3B 5N5

Description

ZONIED AS LOW DENSITY GREENFIELD RESIDENTIAL AS PER NEW SECONDARY DRAFT PLAN FOR NORTH WEST WELLAND! HOT, HOT, HOT OPPORTUNITY TO DEVELOP LAND IN A BEAUTIFUL TOWN ON SOUTHERN TIP OF NIAGARA PENINSULA! BUILD OVER A HUNDRED HOMES! LAST CHANCE TO BUY AFFORDABLE LAND IN A TOWN WELCOMING GROWTH. WATER AND SEWER MAINS IN QUAKER ROAD. 9.58 ACRES OF GREENFIELD LAND (AGRICULTURAL A 1 ZONING WITHIN CITY LIMITS). 661' FRONT X 632' DEEP PRIME LAND W/RESIDENCE. CLOSE 2 NIAGARA COLLEGE&HIGHWAYS 406 & QEW; WELLAND CANAL & WELLAND RIVER; SPORTS COMPLEX, QUAKER ROAD. EZ ACCESS TO the U.S.A. BORDER, NIAGARA FALLS, LAKE ERIE SHORES & SANDY BEACHES. QUALITY BUILT IN 1987 BY ROMA CONSTRUCTION ALL BRICK 4 BEDRM CENTRE HALL FAMILY HOME. ~2800 SF. KITCHEN WELL APPOINTED W/JENAIR COUNTER TOP RANGE. OAK WOODWORK 2ND TO NONE. IMPRESSIVE FOYER W/SPIRAL OAK STAIRCASE. 25` FAMILY ROOM W/ CATHEDRAL CEILINGS, HARDWOOD FLOORS THROUGHOUT; OAK STAIRCASE, OAK TRIM AROUND ALL DOORS; OVERSIZED 2 CAR GARAGE, LOWER LEVEL WITH WALKOUT. RARE FIND WITHIN CITY LIMITS. USED TO OPERATE AS A DRIVING RANGE. ACCORDING TO GOLDEN HORSESHOE DEVELOPMENT PLAN WELLAND IS POISED FOR LARGE SCALE DEVELOPMENT: PROJECTED EMPLOYMENT GROWTH FROM 2011 TO 2031: 5,420; PROJECTED POPULATION GROWTH FROM 2011 TO 2031: 12,300. AS PER WELLAND OFFICIAL PLAN: 3.4.5.1.C GREENFIELD DEVELOPMENT STRATEGY THE CITY PLANS TO DEVELOP DENSER, MORE COMPACT, MIXED-USE, TRANSIT SUPPORTIVE NEIGHBOURHOODS ON ITS GREENFIELD AREAS THAT ALLOW FOR THE EFFICIENT USE OF LAND, INFRASTRUCTURE AND PUBLIC SERVICE FACILITIES SUPPORTING THE CITYS STRATEGIC DIRECTION TO BUILD A COMPLETE COMMUNITY. GREENFIELD DENSITY TARGET WELLANDS GREENFIELD AREAS WILL BE PLANNED TO SUPPORT THE ACHIEVEMENT OF THE TARGET OF 50 RESIDENTS AND JOBS COMBINED PER GROSS HECTARE IN GREENFIELD AREAS.

Details

MLS#40046101
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site6

Features

Acreage9.63
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Area Information
ProvinceON
CountyNiagara
CityWelland
Postal CodeL3B 5N5
Area7 - Welland
Listing VS Median (in L3B 5N5)
Price:
$4,390,000
low | high
Med:
$1,693,500
100% of Average
On Site:
6
low | high
Med:
21
28.571428571429% of Average
Listing Updated: November 25, 2020 8:00:39 PM PST
Renee Carlson LogoMLS Number: 40046101
Listing Provided By:
Renee Carlson  of  RE MAX Realty Specialists Inc. Brokerage
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