$1083.91 Per Sq Foot $31,136 est/mo Sourced by Back At You

415 Regent Street,Niagara-on-the-Lake, ON L0S 1J0

Niagara-on-the-Lake ON, L0S 1J0

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Description

Prime Development Opportunity Four Blocks from Downtown. 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.

Details

MLS#40608343
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site30
Listing Provided ByREVEL Realty Inc., Brokerage | Ryan Serravalle

Features

SQ Feet5,351
Garage4
BasementY
Story(s)2
ZoningR1, C1
Acreage1.23
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Listings Checked: 1 minute ago
ProvinceON
CountyNiagara
CityNiagara-on-the-Lake
Postal CodeL0S 1J0
AreaNiagara on the Lake
Subarea101 Town
Community Name101 Town
Listing VS Median (in 101 Town)
Price:
$5,800,000
low | high
Med:
$1,276,000
100% of Average
SqFt:
5,351
low | high
Med:
1,975
100% of Average
$ / SqFt:
$1,084
low | high
Med:
$646
90.393924050633% of Average
On Site:
30
low | high
Med:
91.000000
32.967032967033% of Average
Sourced by Back At You
Listing Updated: June 27, 2024 at 3:29:11 PM PDT