Description

A rare chance to acquire six (6) consecutive parcels forming a substantial development footprint in the desirable south end of Niagara Falls. Offering approximately 865 feet of frontage and 415 feet in depth, this unified site presents scale that is increasingly difficult to assemble. Zoned O2 / O2RA. Purchasers may wish to explore potential redevelopment concepts or alternative permitted uses subject to municipal approvals and independent due diligence. The size and configuration of this assemblage create possibilities worthy of investigation. This property is being sold as part of a package of six (6) separately listed lots, and the Seller will only accept an offer conditional upon the simultaneous purchase of all six (6) lots. Any agreement shall be null and void unless executed for all six (6) properties concurrently and on identical terms and conditions. Taxes were from Niagara Region Tax Calculator. (id:66096)

Property Details

MLS®: X12828834
Property Type: Vacant Land
Zoning: O2
Bathrooms: 0
Lot Size: 140 × 414 ft (1.33 acres)
Frontage: 140 ft
Property Tax: $775.8/yr
Listed: 250 days ago

Market Timing

Days on market

250d

Niagara Falls (Lyons Creek) listings, avg age

81d

List price

$280K

Haho

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Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE · Alexis Patterson

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3B)

This home lists at $279,900, about 4.2× the local median household income of $66,500.

Carrying it typically needs a household income of about $54,674 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $66,500
Population: 25,869
Median age: 43.2
Owner / renter: 66% / 35%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA L3B)

$279,900

For sale

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Lot 4 Montrose Road, Niagara Falls (Lyons Creek) - Vacant Land for Sale