Investor Opportunity 6104 Garner Road, Niagara FallsRare Shovel Ready Development Site With Advanced Planning Approvals Already In Place For A Modern 6 Storey Residential Building With 57 Condo Units.


Property

Website:https://www.nestseekers.com/5667707
Address:
Niagara Falls L2E 6S4
Canada
Ownership: For Sale
Type: Unknown
Bedrooms: 8 BR
Bathrooms: 5

Financials

Price:C3,700,000
($2,673,500)
(€2,290,900)
Annual Taxes:C9,181.67

Description

Investor Opportunity - 6104 Garner Road, Niagara FallsRare Shovel-Ready Development Site With Advanced Planning Approvals Already In Place For A Modern 6-Storey Residential Building With 57 Condo Units.Two High-Potential Strategies Available: 1. Market Condo Development - Construct And Sell (Or Hold) 57 Residential Units In A Growing Niagara Falls Corridor. With Key Approvals Progressing, You Can Move Efficiently Into Construction And Capture Strong Market Returns.2. Government-Supported Housing Route - Convert The Project Into Purpose-Built Rental Under Available Federal/Provincial Affordable Housing Programs. Eligible Projects Can Access Funding Covering Up To 95% Of Capital Costs. Build Once, Then Enjoy Reliable, Long-Term Rental Income For Life With Significantly Reduced Equity Outlay.The Heavy Planning Work Is Already Underway. A New Investor Can Step In, Complete The Process, Build, And Begin Generating Returns Quickly - Either Through Unit Sales Or Stable Cash-Flow Rentals.Located In A High-Growth Area Of Niagara Falls With Strong Demand Drivers And Future Secondary-Plan Expansion Nearby. Ideal For Investors Seeking Either Capital Appreciation Or Dependable Lifelong Income.This Is A True Dual-Path Opportunity: Build-To-Sell Or Build-To-Hold With Major Government Support.

Amenities

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Contact

Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario