SoldVacant Land

509 Rice Road

Name: 509 Rice Road - Sold Oct 2021
Brand: RE/MAX NIAGARA REALTY LTD.
Price: 5100000 CAD
Availability: SoldOut

Welland - 767 - N. Welland

509 Rice Road

Welland - 767 - N. Welland

Sold For$5,100,000

Listed For $4,990,000

Sold Oct 2021

0 Garage Garage

Description

Recently included in the expanded Urban Service Boundary, this 8.56 acre parcel with bungalow can now bw developed. Concept plan suggests single and townhouse residential uses will be favoured. Currently zoned Agricultural. The value is in the land and the house is included as is, where is. Corn crop can be harvested when weather permits.

Key facts for 509 Rice Road

Tax$5,298 / 2020

Property TypeVacant Land,

Lot Size545 x 680 Feet

Listing #X8508786

Days on Market--

Listing BrokerageRE/MAX NIAGARA REALTY LTD.

Data SourcePROPTX

Inquire with Realtris

(866) 511-7171

info@realtris.ca

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Home Price

Amortization

Interest Rate

Down Payment

* Values are estimates only and not a guarantee of lending or affordability.

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Cash Flow Analysis

Est. Mortgage Payment

$24,367/mo

Monthly Expenses & Income

Property Tax

Maint. / Fees

Est. Rental Income

$0.4% net yield

Net Monthly Cash Flow-$22,508

Inquire with Realtris

(866) 511-7171

info@realtris.ca

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