5742 STANLEY Avenue, Niagara Falls, Ontario, L2G3X7
This other in Niagara Falls is for sale offering roughly 1,323 sq ft of space.
Positioned within one of Canada's premier tourism destinations, 5742 Stanley Avenue presents an exceptional commercial investment opportunity in the heart of Niagara Falls. Whether you're an investor, developer, or business owner, this property offers outstanding potential within a thriving tourism market, ideal for a dual Airbnb setup. The property is located within the Tourist Commercial (TC) and Deferred Tourist Commercial (DTC) planning framework, supporting a wide range of tourism-oriented uses including airbnbs, hotels, motels, restaurants, commercial entertainment, retail, and visitor accommodations. The Tourist Commercial (TC) Zone is intended for active tourism uses, while the Deferred Tourist Commercial (DTC) Zone identifies lands designated for future tourism-related commercial development. An existing detached dwelling occupies the site, offering potential interim use while future redevelopment plans are explored. This is a rare opportunity to secure land in one of Niagara Falls' most established commercial corridors, where demand for tourism-focused development continues to grow. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 89 days on market, against an average age of 80 days across the listings currently for sale in this city
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Approximate location — exact address confirmed upon showing
This home lists at $1,000,000, about 14.5× the local median household income of $69,000.
Carrying it typically needs a household income of about $195,335 (20% down, 25-yr amortization, stress-tested) — roughly 183% above the area median.
Source: Statistics Canada, 2021 Census (FSA L2G)
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