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981 Pelham St
10.05 Acres of Residential Land Offered at £5,016,352 in Welland, ON L3C 3E2
Investment Highlights
- Prime 10-acre development land
- Agricultural zoning, development potential
- Preliminary plans for residential 117 units
Executive Summary
Attention Developers! Prime 10-acre parcel of land for sale in Fonthill within the Urban Boundary. This property spans from Pelham St to Clare Ave and offers exceptional potential for development. Preliminary drawings are available, with two options: 117 total units or 94 units, featuring a mix of singles, street towns, and semi-detached homes. The current zoning is agricultural, but it is designated for development in the official plan for the Region. The Town of Pelham is also in the process of developing a secondary plan. Vendor Take-Back (VTB) financing may be considered. Subdivision application will follow.
Property Facts
Price | £5,016,352 | Property Type | Land |
Sale Type | Investment | Property Subtype | Residential |
No. Lots | 1 | Total Lot Size | 10.05 AC |
Price | £5,016,352 |
Sale Type | Investment |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Residential |
Total Lot Size | 10.05 AC |
1 Lot Available
Lot
Price | £5,016,352 | Lot Size | 10.05 AC |
Price Per AC | £499,140 |
Price | £5,016,352 |
Price Per AC | £499,140 |
Lot Size | 10.05 AC |
10.05-acre development land for sale in Welland, ON.
Description
10.05-acre parcel of land in Welland, ON zoned for agricultural use.
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zoning
Zoning Code | A1 (Agricultural zone) |
A1 (Agricultural zone) |
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981 Pelham St
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