NewFor Sale

5544 Mcleod Road
Niagara Falls, Niagara, ON, L2G 2E3

Investment
TRREB
MLS® Number: X12229403
$4,990,000List Price
InvestmentProperty Type
1.52 acresSize
$20,340 / 2024Taxes (Annual)
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Property Location

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Listing History

Buy/sell history for 5544 Mcleod Road, Niagara Falls, ON L2G 2E3

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Description

Power of Sale opportunity in the heart of Niagara Falls vibrant tourist district. This high-profile 1.5-acre corner property offers exceptional redevelopment potential with Tourist Commercial zoning allowing for a range of uses including hotel, residential, mixed-use, and retail. The site consists of a vacant two-storey, 23-room motel and an adjacent vacant parcel, providing a generous footprint for future development. Conceptual plans propose a 22-storey mixed-use tower featuring approximately 245 residential units above a commercial podium, aligning with the Cities vision for intensification in this prime area. The property is situated at the busy intersection of McLeod Road and Stanley Avenue, just minutes from major attractions such as, Fallsview Casino, Horseshoe Falls, and Clifton Hill, with excellent access to 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 one of Canadas most visited tourist destinations, available under Power of Sale.

Features

No features available

Amenities

No amenities available

Summary

Tax (Annual):$20,340 / 2024
Listing #:X12229403
Property Type:Investment
Size:1.52 acres
Land Size:205.81 x 188.95
Days on CPRB:
Garage:Outside/Surface
Locker:None
On CPRB Since:
Listing Brokerage:VANGUARD REALTY BROKERAGE CORP.

Rooms

Details

Property

Property Type:Investment
Community:220 - Oldfield
Municipality:Niagara

Building

Size:1.52 acres

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:Outside/Surface
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:No
Heating Type:None

Land

Cross Street:Corner of McLeod and Stanley

$4,990,000

List price

5544 Mcleod Road, Niagara Falls – Investment for sale · MLS® # X12229403 | CPRB