7742 Lundys Lane, Niagara Falls (West Wood) - Business for Sale
7742 Lundys Lane, Niagara Falls (West Wood), Ontario, L2H1H1
This business in Niagara Falls is for sale offering roughly 1,500 sq ft of space.
Description
Invest Where the World Comes to Visit.An outstanding opportunity to own a 10-room motel with a spacious 3-bedroom owner's residence featuring a finished basement with a separate entrance, all situated in a prime Niagara Falls location. Whether you're an investor or an owner-operator, this property offers the perfect combination of business potential and comfortable living.Property Highlights:10-room motel with excellent income potential.3-bedroom owner's home with a finished basement and separate entrance.Prime location in the heart of Niagara Falls.Excellent investment opportunity-be your own boss!Minutes to the QEW, Niagara Falls, casinos, Clifton Hill, and major tourist attractions.Close to shopping centres, restaurants, schools, and everyday amenities.No neighbours behind-backs onto a park, providing added privacy and a pleasant setting.Ample on-site parking for guests and owners.An exceptional opportunity to own a hospitality business in one of Canada's most visited tourist destinations. (id:66096)
Property Details
- MLS®
- X13724700
- Property Type
- Business
- Business Type
- Accommodation
- Zoning
- COMMERCIAL
- Interior Size
- 1,500 ft²
- Lot Size
- 1,500 sq ft
- Frontage
- 60 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $17,636/yr
- Listed
- 68 days ago
Market Timing
Long Listed: 68 days on market, against an average age of 39 days across the listings currently for sale in this city
This business in Niagara Falls (West Wood) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L2H)
This home lists at $1,499,000, about 16.5× the local median household income of $91,000.
Carrying it typically needs a household income of about $292,807 (20% down, 25-yr amortization, stress-tested) — roughly 222% above the area median.
- Median household income
- $91,000
- Population
- 29,820
- Median age
- 42
- Owner / renter
- 80% / 21%
- Avg. household size
- 2.8
Source: Statistics Canada, 2021 Census (FSA L2H)
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$1,499,000
Niagara Falls