UPDATED:
09/26/2024 04:07 PM
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 5,351 sqft
Price per Sqft $1,083
MLS Listing ID 40607663
Style Two Story
Bedrooms 4
Full Baths 2
Half Baths 2
Abv Grd Liv Area 5,351
Originating Board Niagara
Annual Tax Amount $18,000
Lot Size 1.232 Acres
Acres 1.232
Property Description
Discover a rare offering in the heart of the city, just four blocks away from Queen Street and downtown. This expansive 1.25-acre property, available for the first time since its acquisition and renovation in 1959, presents immense potential for visionary developers. Boasting two parcels of land, including a duplex and a detached heated 3-car garage, the site is ideally suited for a range of development options. With its zoning allowing for potential, commercial and single-family lots or townhome development, this property promises significant returns in a rapidly growing market. The current owner is open to remaining as a tenant, facilitating a smooth transition and offering potential income during the development process. Additionally, all three buildings on the site are available for lease, further enhancing flexibility for interested parties. Don?t miss out on this unparalleled opportunity to shape the future landscape of this vibrant community. Whether you?re looking to capitalize on the burgeoning demand for residential properties or seeking to create a landmark development, this property is poised to fulfill your vision. Schedule your viewing today and explore the endless possibilities awaiting at this prime downtown location.
Location
Province ON
County Niagara
Area Niagara-On-The-Lake
Zoning R1, C1
Direction MARY STREET TO REGENT
Rooms
Basement Partial, Unfinished
Kitchen 2
Interior
Interior Features Accessory Apartment, Auto Garage Door Remote(s), In-law Capability, Work Bench
Heating Baseboard, Electric, Hot Water-Other
Cooling Central Air
Fireplaces Number 5
Fireplaces Type Wood Burning
Fireplace Yes
Appliance Dishwasher, Refrigerator, Stove
Laundry None
Exterior
Exterior Feature Balcony, Landscaped
Garage Attached Garage, Detached Garage, Garage Door Opener, Asphalt, Heated
Garage Spaces 4.0
Waterfront No
Roof Type Asphalt Shing
Porch Deck
Lot Frontage 211.27
Lot Depth 254.82
Parking Type Attached Garage, Detached Garage, Garage Door Opener, Asphalt, Heated
Garage Yes
Building
Lot Description Urban, Ample Parking, City Lot, Landscaped, Library, Park, Place of Worship, Playground Nearby, Quiet Area, Schools, Shopping Nearby
Faces MARY STREET TO REGENT
Foundation Stone
Sewer Sewer (Municipal)
Water Municipal
Architectural Style Two Story
Structure Type Stucco,Vinyl Siding
New Construction No
Others
Senior Community No
Tax ID 464000036
Ownership Freehold/None
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