Serving Southern Ontario & GTA

5544 Mcleod Road, Niagara Falls, ON L2G 2E3, Niagara Falls, Ontario

commercial · MLS® X12686288

No Image Available
Active
1 / 0

$4,900,000

MLS# X12686288

5544 Mcleod Road, Niagara Falls, ON L2G 2E3

Niagara Falls, Ontario L2G 2E3

Bedrooms

Bathrooms

0

Sq Ft

0

Year Built

New Listing· Listed null days on marketPopular· 158 views todayHot Property· High interest
About This Property

POWER OF SALE! In the heart of Niagara Falls vibrant tourist district. This high profile 1.52 acre corner site offers exceptional redevelopment potential in one of Canada's most visited destinations. Zoned Tourist Commercial, the property permits a wide range of uses including hotel, residential, mixed use, retail and tourism related development. Improved with a vacant non operating two storey motel containing 23 guest rooms plus a three bedroom manager's residence in need of rejuvenation, presenting either a restoration and expansion opportunity or a complete redevelopment play. Premier of Ontario and the City of Niagara Falls have a long term vision for intensification in the Tourist Core. The property offers the potential to pursue a hotel, mid rise or high rise rezoning for greater density and height, subject to municipal approvals. Strategically located at the busy gateway intersection of Stanley Avenue and McLeod Road, between Marineland and the established hotel and entertainment core, the site benefits from outstanding exposure and accessibility. It is minutes to Fallsview Casino, Horseshoe Falls, Clifton Hill, major attractions, the QEW highway, GO Transit and the U.S. border via the Rainbow Bridge. This is a rare chance to secure a significant redevelopment site in a tightly held tourist market with strong fundamentals, offered under Power of Sale! Property being sold by the mortgagee in "as-is, where-is" condition.

Property Details

Property Type

Commercial

Year Built

N/A

Lot Size

N/A

Garage

N/A

Basement

N/A

Heating

N/A

Cooling

N/A

Parking Spaces

N/A

Location

Map View

5544 Mcleod Road, Niagara Falls, ON L2G 2E3, Niagara Falls, Ontario

About 5544 Mcleod Road, Niagara Falls, ON L2G 2E3

This Commercial at 5544 Mcleod Road, Niagara Falls, ON L2G 2E3 is listed for sale in Niagara Falls, Ontario at $4,900,000.

0

Niagara Falls is a thriving community in Ontario with excellent amenities, schools, parks, and transit access. Whether you are a first-time buyer, growing family, or investor, this commercial represents a compelling opportunity in Niagara Falls's real estate market.

MLS® number X12686288. Listed with RE/MAX Realty Specialists Inc., Brokerage. Contact Jagtar Singh for more information or to schedule a private showing.

This property is located in:

View all Niagara Falls homes for sale

Questions about this property?

Get expert insights from Jagtar Singh.

Mortgage Calculator

$4,900,000

20% ($980,000)

Minimum 5% for homes under $500K, 20% to avoid CMHC insurance

5.5%
25 years

Estimated Monthly Payment

$24,072

*Principal & Interest only. Does not include taxes or insurance.

Principal$3,920,000
Total Interest$3,301,669
Total Cost$8,201,669
Jagtar Singh

Jagtar Singh

RE/MAX Realty Specialists Inc.

Contact About This Property
Never Miss a Listing

Get notified when new homes match your criteria

We will email you new listings that match. Unsubscribe anytime.

Explore More Cities

Find homes in other communities