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$940,000
Est. payment /mo
New
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.