6104 Garner Road, Niagara Falls, Ontario, Canada, L2E6S4
3,700,000
for Sale
6 + 2
5
1500-2000
About the property:
Investor Opportunity - 6104 Garner Road, Niagara FallsRare Shovel-Ready Development Site With Advanced Planning Approvals Already In Place For A Modern 6-Storey Residential Building With 57 Condo Units.Two High-Potential Strategies Available: 1. Market Condo Development - Construct And Sell (Or Hold) 57 Residential Units In A Growing Niagara Falls Corridor. With Key Approvals Progressing, You Can Move Efficiently Into Construction And Capture Strong Market Returns.2. Government-Supported Housing Route - Convert The Project Into Purpose-Built Rental Under Available Federal/Provincial Affordable Housing Programs. Eligible Projects Can Access Funding Covering Up To 95% Of Capital Costs. Build Once, Then Enjoy Reliable, Long-Term Rental Income For Life With Significantly Reduced Equity Outlay.The Heavy Planning Work Is Already Underway. A New Investor Can Step In, Complete The Process, Build, And Begin Generating Returns Quickly - Either Through Unit Sales Or Stable Cash-Flow Rentals.Located In A High-Growth Area Of Niagara Falls With Strong Demand Drivers And Future Secondary-Plan Expansion Nearby. Ideal For Investors Seeking Either Capital Appreciation Or Dependable Lifelong Income.This Is A True Dual-Path Opportunity: Build-To-Sell Or Build-To-Hold With Major Government Support.
Detached
detached
- Property Type:
- Detached
- Status:
- for Sale
- House Style:
- detached
- Bedrooms:
- 6 + 2
- Bathrooms:
- 5
- Land Size:
- 200 x 217.8 FT | .50-1.99 acres
- Central A/C:
- Yes
- Garage/Parking Type:
- Private
- Garage Spaces:
- 2
- Parking Places:
- 8
- Heating Type:
- Forced Air
- Heating Fuel:
- Gas
- Pool Type:
- Inground
- Cross Street:
- Garner Rd & McLeod Rd
- Exterior:
- Metal/Steel Sidi
- Basement:
- Apartment,Se, Apartment,Se
- Fronting On:
- E
- Possession Date:
- Flexible
- Annual Property Taxes:
- 9,181.67
- Listing ID:
- X13629384
Rooms
Dimensions
Brokered by:
Royal Lepage Signature Realty
Source: TRREB/PROPTX
Presented By: