This lot in Niagara Falls is for sale.

Description

Prime 11-Acre Development Opportunity on Lundys LaneUnlock the full potential of this exceptional 11-acre parcel fronting on high-traffic Lundys Lane, ideally positioned within Niagara Regions newly expanded Urban Growth Boundary. Part of the Garner West Secondary Plan, this strategic location offers incredible potential for future commercial mixed-use and high-density residential development. With major planned residential and commercial projects nearby, this site is poised for rapid appreciation. Whether you're an investor, developer, or visionary builder, the possibilities are endless. Seize this rare opportunity in one of Niagara's most promising growth corridors. (id:66096)

Property Details

MLS®: X12317412
Property Type: Vacant Land
Bathrooms: 0
Lot Size: 800 × 400 ft (7.34 acres)
Frontage: 800 ft
Property Tax: $621.15/yr
Listed: 461 days ago

Features

Lot Features: Irregular lot size

Services

Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

461d

Niagara Falls (Forestview) listings, avg age

82d

List price

$4.00M

Haho

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Listed by Vintage Real Estate Co. LTD · Matthew Scarfone

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L2H)

This home lists at $3,999,999, about 44.0× the local median household income of $91,000.

Carrying it typically needs a household income of about $781,340 (20% down, 25-yr amortization, stress-tested) — roughly 759% 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)

$3,999,999

For sale

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Financing

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V/L Lundys Lane, Niagara Falls (Forestview) - Vacant Land for Sale