Niagara Falls, L2E 6S4
$1,495,000
Listed by RE/MAX NIAGARA REALTY LTD..
Prime Northend Niagara Falls Home with Development Potential. Unveil the potential of this exceptional 1 acre property complete with a 2,300+ square foot, 3 bedroom, 4 bathroom bungalow. Strategically located in north end Niagara Falls adjacent to the luxury development of Terravita and close proximity to Calaguiro estates. Zoned R4, this versatile property offers limitless possibilities for developers, investors, and visionaries. With one existing home on the site, immediate rental income or phased development is an option. This property's zoning classification allows for a variety of high-density residential projects. Imagine creating a community of modern townhomes, luxury apartments, or a mix of residential units that cater to the growing demand in this vibrant area. The existing 2,300+ square foot bungalow provides immediate income opportunities or can be incorporated into the larger development plan. Minutes away from top-rated schools, shopping centers, dining, parks, and recreational facilities with QEW access off Mountain Road.
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.
This property has been sold 1 time before. To view this property's sale price history please sign in or register: