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01128

MLS® X13813298

  • Property Details
  • Map

Description

59 Empire Street, Welland features a fully leased multi-residential investment and intensification opportunity situated on approximately 0.96 acres, former bank building currently configured with 8 residential units and documented potential for increased density within the existing structure. The property also includes a proposed 16-unit stacked townhouse development at the rear, with associated parking, providing the opportunity to significantly expand the residential component of the site. Zoned RM - Residential Medium Density, the property combines stable existing rental income with additional residential intensification and new development potential, "Significant pre-development soft costs have been incurred, including municipal pre-consultation, planning, architectural design and detailed site-plan preparationShow Description

Key Facts

Type Multi Family
Levels Residential
Size -
Garage None
Taxes $9,641
Days Active 1
Lot Size 42022
MLS® Number X13813298
Central VacNo
FireplaceNo
GarageNone
BasementNone
DrivewayGarage Type:None
HeatGas, Forced Air
A/CNone

Additional Information

Zoning RM
Roofing Flat
Siding Brick
Sewage System Public Sewer

Price History

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  • Commute

Commute

Starting Address
Destination Address
59 Empire St, Welland, ON

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