6104 Garner Road, Niagara Falls, ON L2E 6S4

$3,700,000
8
BD
5
BA
1,500
SqFt

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List Price
$3,700,000
MLS#
X13629384
Status
ACTIVE
Type
Single Family Residential
SubType
Detached
Style
2-Storey
Bedrooms
8
Bathrooms
5
Living Area
1500-2000
Province
ON
Municipality
Niagara Falls
Area
Niagara
Neighborhood
219 - Forestview
Subdivision
Garner Rd & Mcleod Rd

Property Description

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. Contact For Full Details, Plans, And Next Steps.

Additional Information

Taxes
$9,181
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Kitchens
2
Exterior
Metal/Steel Siding, Brick Front
Garage Spaces
2
Garage Type
Attached
Pool
Inground
Parking Spaces
8
Parking Type
Private

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Calculator source: Real Geeks

Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY.