5297 River Road Active Save Request In-Person Tour Request Virtual Tour
Niagara Falls,ON L2E 3G9
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 40612941
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
Rooms
Kitchen 0
Exterior
Utilities Available At Lot Line-Gas,At Lot Line-Hydro,At Lot Line-Municipal Water
Waterfront No
Building
Lot Description Urban,High Traffic Area
Sewer Sewer (Municipal)
Water Municipal
New Construction No