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$2,900,000
Status: For Sale
Prime Real Estate Development Opportunity. Price is for 6378 and 6398 Mountain Road. Must be sold together. Unveil the potential of this exceptional 2-acre development site complete with 2 single family dwellings. Strategically located in north end Niagara Falls adjacent to the luxury development of Terravita and close proximity to Calaguiro estates. Zoned R4 and DH, this versatile property offers limitless possibilities for developers, investors, and visionaries. With two existing homes 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 homes provide 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.
| Property Type | :Land |
|---|---|
| MLS Number | :40603394 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :26 Sep, 2024 (58 Days ago) |
| Source | :Niagara |
| Area | :Niagara |
|---|---|
| City | :Niagara Falls |
| Area Major | :Niagara Falls |
| Area Minor | :206 - Stamford |
| Postal Code | :
L2E 6S4
|
| Directions | :QEW TO MOUNTAIN ROAD. HEAD EAST BEFORE ST. PAUL AVENUE |
| Price | : $2,900,000 |
|---|---|
| Property Taxes | :$5000 |
| Tax Year | :2024 |
|---|
| Place of Worship | :No |
|---|---|
| Cross Street | :ST. PAUL AVENUE |
14 Jun, 2024
TREB #40603394
Listed
$2900000
