Niagara Falls, ON L2E 3G9,5297 RIVER RD
Niagara Falls, ON L2E 3G9,5297 RIVER RD
Niagara Falls, ON L2E 3G9,5297 RIVER RD
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$940,000
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5297 RIVER RD Niagara Falls, ON L2E 3G9

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Key Details

Property Type Commercial

Sub Type Land

Listing Status Active

Purchase Type For Sale

Subdivision 210 - Downtown

MLS Listing ID X12213656

Annual Tax Amount $5,944

Tax Year 2024

Property Sub-Type Land

Property Description

Multi Residential development site for sale located on River road. Within very close proximity to the Niagara Falls Tourist District and situated alongside multiple short term vacation rental dwellings. Site plan approved for a 3 story 8-unit condominium apartment building with 14,086 SqFt of living area, that may be increased to 12 units. Land has been re zoned for R5A Density. Vendor has done a significant amount of due diligence up to this point regarding architectural, structural and civil engineers' drawings as well as geotechnical, legal condo documents, Tarion approvals, cost estimates, floor plans and 3D renderings. At present the land consists of a distressed residential dwelling that may require demolition . The seller makes no representations or warranties as to the current state of the dwelling. Inquire for more details.

Location

State ON

County Niagara

Community 210 - Downtown

Area Niagara

Zoning R5A, R2

Rooms

Kitchen 0

Exterior

Utilities Available Available

Lot Frontage 75.0

Lot Depth 237.0

Building

New Construction false


Listed by COLLIERS INTERNATIONAL NIAGARA LTD.

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agent

Rakhee Khatri

Sales Representative

+1(416) 464-6568

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5297 RIVER RD