Real Estate Example
Independently Owned And Operated
40 - 1110 Finch Ave West , Toronto, ON
5544 Mcleod Road
220 - Oldfield, Niagara Falls, ON, L2G 2E3
Power of Sale
Asking: $4,900,000
Days on market: 224
Style: Investment
Cross St: Stanley & McLeod
Extra Information
Use: Other
Category: Accommodation
Taxes: $21,369.00/2025
Garage Type: Outside/Surface
Heating: None
CAC: No
Occupancy: Vacant
Zoning: tourist commercial
Free Standing: Y
Total Area: 1.52/Acres
MLS#: X12686288
Description: 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.
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Listed by HIGH POINT REALTY LIMITED
NOTE: The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
NOTE: The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
