Niagara Falls L2E 4E6
Canada

Property

Ownership: For Sale
Type: Land

Financials

Price:C1,100,000
($804,500)
(€687,100)
Annual Taxes:C6,355
505 Park Ave, New York, NY 10022

When the Premier of Ontario announced last December the vision to transform Niagara Falls into a world class tourism destination, did you see the opportunity for yourself ?

    Description

    When the Premier of Ontario announced last December the vision to transform Niagara Falls into a world-class tourism destination, did you see the opportunity for yourself?With billions of dollars in government investment driving local growth, now is the time to position yourself in tourism, hospitality, dining, and entertainment-or seize this moment to enter the commercial real estate market. This could be your next launching point to ride the wave of growth.5319 Victoria Ave, Niagara Falls is strategically located at the connection of the Rainbow Bridge and Highway 420, with millions of vehicles passing by annually-bringing unmatched exposure and a massive potential customer base. The property is just a 12-minute walk to Clifton Hill, the core commercial and entertainment district of the Falls.The property is zoned General Commercial, allowing for a wide range of uses, including but not limited to: bakery, bank, retail store, medical clinic, parking lot, restaurant, and boutique hotel.Lot size: 80 120 ftBuilding coverage: up to 66% of lot areaMaximum building height: 12 metres.In today's market environment, large-scale developments are becoming increasingly difficult.Projects that offer both stability and strong growth potential are typically:smaller in scale, faster to execute, and lower in risk.The true advantage is not how big you can build-but how efficiently you can enter a high-traffic commercial location at a lower cost.Compared to Clifton Hill core properties, 5319 Victoria Ave offers:Lower land costLess competitionMore accessible entry point-while still benefiting from the strong spillover traffic generated by Clifton Hill.For small-to-mid-sized investors and developers, this represents a rare and compelling opportunity not to be missed.

    All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

    All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.