5297 RIVER RD Pending

Niagara Falls,ON L2E 3G9

$ 990000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Land

Listing Status Pending

Purchase Type For Sale

MLS Listing ID X9414150

Annual Tax Amount $5,944

Tax Year 2023

Lot Size 0.500 Acres

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

Zoning R5A, R2

Rooms

Kitchen 0

Interior

Cooling Unknown

Exterior

Pool None

Utilities Available Unknown

Roof Type Unknown

Building

New Construction false

Others

Security Features Unknown

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