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UPDATED:
10/12/2024 06:57 PM
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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Listed by COLLIERS INTERNATIONAL NIAGARA LTD.