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)

Market Timing

Days on market

68d

Niagara Falls (Forestview) listings, avg age

82d

List price

$4.00M

Haho

This vacant land in Niagara Falls (Forestview) has been listed for 68 days, which is 14 days fresher than the city average of 82. Act while there is still low competition.

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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

Need a commercial mortgage?

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

Description

Property Details

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (L2H)

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Need a commercial mortgage?