467 Gorham Road Ridgeway, Ontario L0S 1N0
$1,199,900
Attention Builders, Developers & Investors! Fabulous opportunity - 17,612 sq ft 125.8’ X 140’ corner development lot fronting on 2 streets. No need for re-zoning, as the current RM1-508 zoning permits medium density, creating the opportunity and flexibility for a 4 - 5 unit Townhouse complex w/ potential secondary income suites or a 4 storey apartment house for maximum density. Situated in highly sought after location in rapidly growing area of Niagara, near proposed neighbourhood retail centre, close to quaint downtown area & just minutes from the Friendship Trail and Lake. For those looking to defer the project, a 1776 sq ft 4+ Bedroom home with detached 4 car garage currently sits on the property, providing an excellent rental opportunity to offset costs until planning and approvals are in place. (id:51013)
Property Details
| MLS® Number | 40562233 |
| Property Type | Vacant Land |
Building
| Basement Type | None |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Fence Type | Fence |
| Sewer | Municipal Sewage System |
| Size Depth | 140 Ft |
| Size Frontage | 126 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | Rm1-508 |
Utilities
| Cable | Available |
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/26671471/467-gorham-road-ridgeway
Contact Us
Contact us for more information
Stewart Mceachern
Salesperson
Coldwell Banker Advantage Real Estate Inc, Brokerage
800 Niagara Street
Welland, Ontario L3C 7L7
800 Niagara Street
Welland, Ontario L3C 7L7
(905) 788-3232
www.coldwellbankeradvantage.ca/
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March 27 2024 02:13:34
Niagara Association of REALTORS®
Coldwell Banker Advantage Real Estate Inc, Brokerage
