Overview

This lot in Niagara Falls is for sale. It has been on the market 28 days, fresher than the Niagara Falls average of 58 days.

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Description

Excellent commercial development opportunity in South Niagara Falls. 2 acres of prime industrial land located at the corner of McLeod Road & Oakwood Drive, next to the QEW. This property is minutes from new developments and adjacent to the future site of the South Niagara Hospital- just one exit away. Zoned light industrial, the site allows for a variety of commercial and industrial uses- manufacturing, car wash, car rental, commercial bakery, lab, laundry, machine shop, public garage, autobody, mechanic, trucking, warehouse, cold storage plant, new/used car lot, wholesale and more. So many options making it ideal for businesses looking for maximum exposure and quick highway access. 500 metres from Walmart, near Lowes, Costco and major retailers, at the centre of Niagara's largest commercial hub. (id:66096)

Market Timing

Days on market

28d

Niagara Falls (Arad/Fallsview) listings, avg age

58d

List price

$1.75M

Haho

This vacant land in Niagara Falls (Arad/Fallsview) has been listed for 28 days, which is 30 days fresher than the city average of 58. Act while there is still low competition.

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Area context

Neighbourhood profile (L2E)

This home lists at $1,750,000, about 28.8× the local median household income of $60,800.

Carrying it typically needs a household income of about $341,836 (20% down, 25-yr amortization, stress-tested) — roughly 462% above the area median.

Median household income: $60,800
Population: 18,587
Median age: 46.4
Owner / renter: 61% / 39%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA L2E)

$1,750,000

For sale

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Financing

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Description

Property Details

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Market Timing

Location

Nearby Places

Neighbourhood profile (L2E)

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