Welland - 772 - Broadway
Welland - 772 - Broadway
Listed For $1,200,000
Get Pre-approvedAdded 1 month ago
This residential development site, known as 1 Drew Street, is zoned RL2 and is situated on approximately 0.7 hectares, with potential access from both Kline's Avenue and Drew Street.
The current official plan permits a maximum density of 16.8 units, with the possibility of applying for a change to medium density (up to 60 dwelling units per net hectare and a 6-storey building) or high density (up to 125 dwelling units per net hectare and an 8-storey building).
The property has undergone a Phase One Environmental Site Assessment, with a Phase Two ESA proposal completed, and may be eligible for city brownfield incentives including site assessment grants, tax increment grants, rebates on planning and building fees, and exemptions from city and regional development charges.
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