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    For Sale - 14 Asher Street, Welland, Ontario

    Est payment $2,737/mo
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    Views   1
    Time on Jump  18 day

    AI Summary *

    • Four-plex building with redevelopment potential on an oversized lot.
    • City approval for a 30-unit mid-rise development is already in place.
    • Existing building has four self-contained, vacant units ready for renovation.
    • Zoned for medium density residential, allowing for flexible development options.
    • Great opportunity for investors looking to renovate or rebuild.




    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 IDX13449114
    Address14 Asher Street
    CityWelland, Ontario
    Price$569,900
    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.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    14 Asher Street
    Welland , Ontario
    7 4 $569,900
    Get more info