5297 River Road Active

Niagara Falls,ON L2E 3G9

$ 990000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 40612941

Originating Board Niagara

Annual Tax Amount $5,944

Property Description

Multi Residential development site for sale located on River road. Within very close proximity to the Niagara Falls Tourist District and situated alongside multiple short term vacation rental dwellings. Site plan approved for a 3 story 8-unit condominium apartment building with 14,086 SqFt of living area, that may be increased to 12 units. Land has been re zoned for R5A Density. Vendor has done a significant amount of due diligence up to this point regarding architectural, structural and civil engineers' drawings as well as geotechnical, legal condo documents, Tarion approvals, cost estimates, floor plans and 3D renderings. At present the land consists of a distressed residential dwelling that may require demolition . The seller makes no representations or warranties as to the current state of the dwelling. Inquire for more details.

Location

Province ON

County Niagara

Area Niagara Falls

Zoning R5A, R2

Direction River Rd. & Eastwood Cres.

Rooms

Kitchen 0

Interior

Fireplace No

Exterior

Utilities Available At Lot Line-Gas,At Lot Line-Hydro,At Lot Line-Municipal Water

Waterfront No

Lot Frontage 75.0

Lot Depth 237.0

Garage No

Building

Lot Description Urban,High Traffic Area

Faces River Rd. & Eastwood Cres.

Sewer Sewer (Municipal)

Water Municipal

New Construction No

Others

Senior Community false

Tax ID 643420128

Ownership Freehold/None

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