14 Asher Street Welland, Ontario L3B 4J1
$599,000
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 ! (id:61852)
Property Details
| MLS® Number | X12690258 |
| Property Type | Multi-family |
| Community Name | 768 - Welland Downtown |
| ParkingSpaceTotal | 5 |
Building
| BathroomTotal | 4 |
| BedroomsAboveGround | 7 |
| BedroomsTotal | 7 |
| Age | 51 To 99 Years |
| BasementDevelopment | Unfinished |
| BasementType | N/a (unfinished) |
| CoolingType | None, Window Air Conditioner |
| ExteriorFinish | Aluminum Siding |
| FoundationType | Brick, Concrete |
| HeatingType | Other |
| StoriesTotal | 2 |
| SizeInterior | 0 - 699 Sqft |
| Type | Other |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 138 Ft |
| SizeFrontage | 70 Ft |
| SizeIrregular | 70 X 138 Ft |
| SizeTotalText | 70 X 138 Ft|under 1/2 Acre |
| ZoningDescription | Rm, Rl2 |
Utilities
| Cable | Available |
| Electricity | Available |
| Sewer | Installed |
Interested?
Contact us for more information
Nick Givalas
Broker of Record
3026 Elgin Mills Rd East
Markham, Ontario L6C 1A7
Mathew Givalas
Salesperson
3026 Elgin Mills Rd East
Markham, Ontario L6C 1A7
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March 10 2026 12:39:29
Toronto Real Estate Board
Givalas Real Estate Ltd.