Active
467 Gorham Road
Ridgeway ON, L0S 1N0
$999,900
$56.61 per sqft
Active
0.41 Acres
Land
Attention Builders, Developers & Investors! Fabulous opportunity - 17,612 sq ft 125.8' X 140' corner development lot fronting on 2 streets. No need for re-zoning, as the current RM1-508 zoning permits medium density, creating the opportunity and flexibility for a 4 - 5 unit Townhouse complex w/ potential secondary income suites or a 4 storey apartment house for maximum density. Situated in highly sought after location in rapidly growing area of Niagara, near proposed neighbourhood retail centre, close to quaint downtown area & just minutes from the Friendship Trail and Lake. For those looking to defer the project, a 1776 sq ft 4+ Bedroom home with detached 4 car garage currently sits on the property, providing an excellent rental opportunity to offset costs until planning and approvals are put in place.
40562233
MLSⓇ ID
March 25, 2024
Listed
September 13, 2024
Updated
Map
467 Gorham Road
Ridgeway ON, L0S 1N0
Exterior/Building Features
Lot Size
0.41 Acres
Lot Features
Urban, Rectangular, City Lot
Sewer
Sewer (Municipal)
Other Property Details
Area Name
Fort Erie
Taxes
$3,691
Tax Frequency
Annually
Garage
No
View
No
County
Niagara
Water Source
Municipal-Metered
Pool
No
Zoning
RM1-508
Listing History
Date | Event | Price |
---|---|---|
6/12/2024 | Price change | $999,900 -17% |