For Sale - 14 Asher Street, Welland, Ontario

Est payment $2,876/mo
Views   2
Time on Jump  77 day
  • 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$599,000
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 $599,000
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