traditional-style home with a front lawn, roof with shingles, and entry steps Features: lawn, gas meter More Photos

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    For Sale - 14 Asher Street, Welland, Ontario

    Est payment $3,167/mo
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    Views   1
    Time on Jump  21 day

    AI Summary *

    • Four-plex apartment building with excellent redevelopment potential on a large lot.
    • City approval for a 30-unit mid-rise development, ready for new plans.
    • Current structure has four self-contained units, all vacant and ready to renovate.
    • Zoned for medium density residential, providing flexible development options.
    • Perfect opportunity for investors looking to renovate or rebuild in a growing area.




    Four-plex apt building under power of sale with exceptional redevelopment potential situated on a oversized lot for the area. The property has received city of welland approval for a minor variance supporting a 30-unit mid-rise development, consisting of 30 residential units with surface parking in 2023. The existing building currently contains four self-contained units with separate metering available, all of which are vacant. Ideal for renovator /investor to renovate all the rental units and lease out at market rents or rebuild. The site is zoned rm - medium density residential which allows develop as mentioned or on a smaller scale. Don't miss this opportunity !
    Listing IDX12690258
    Address14 Asher Street
    CityWelland, Ontario
    Price$639,000
    Bed / Bath7 / 4 Full
    Style2-Storey, Multiplex
    ConstructionAluminum Siding
    Land Size0.22
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features NoneOwnership FreeholdWaterfront NoneBasement UnfinishedFoundation Brick, ConcreteHeating / Cooling OtherHeating Fuel OtherSewer Sewer

    Parking 5.00
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    Listing Agency:  GIVALAS REAL ESTATE LTD.
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    14 Asher Street
    Welland , Ontario
    7 4 $639,000
    Get more info