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359 King St
Welland, ON L3B 4M3

Land For Sale · 0.93 AC

INVESTMENT HIGHLIGHTS

  • Vacant development land
  • Proximity to Welland Canal
  • Access to public transit

EXECUTIVE SUMMARY

Prime Development Land with beautiful views of Welland Canal in downtown Welland! Almost an acre in size (0.93 Acres). Current Zoning is DMC. Several Allowable uses included apartment building, condos, hotel, plaza and many more. Please refer to attached for allowable uses from the zoning bylaws. Proposed drawings for 182 Apartments or condominiums available upon request. A potential for a Rental Building with CMHC Financing can also be explored with Surface Parking or Underground Parking.. A pre-construction meeting has been completed, notes for which are available upon request.

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Multifamily
Total Lot Size 0.93 AC

1 LOT AVAILABLE

Lot

Price $1,074,002 USD
Price Per AC $1,154,841.10 USD
Lot Size 0.93 AC

Prime Development Land with beautiful views of Welland Canal in downtown Welland! Almost an acre in size (0.93 Acres). Current Zoning is DMC. Several Allowable uses included apartment building, condos, hotel, plaza and many more.

DESCRIPTION

Prime Development Land with beautiful views of Welland Canal in downtown Welland! Almost an acre in size (0.93 Acres). Current Zoning is DMC.

ZONING

Zoning Code DMC
DMC
  • Listing ID: 33121510

  • Date on Market: 9/10/2024

  • Last Updated:

  • Address: 359 King St, Welland, ON L3B 4M3

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