$4,500,000
( $957.45Per Sq Foot )
 $24,157 est/mo Sourced by Back At You

122 Ridgeway Road , Niagara Falls, ON L0S 1B0

Niagara Falls, ON L0S 1B0

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Description

A rare, lifetime opportunity to preserve the past or develop for the future. Approx. 2 acre corner lot minutes to the famous Crystal Beach and historic downtown Ridgeway. The existing motel, has 20 rooms including 2 kitchenettes, a separate manager's suite, laundry area, outdoor firepits and seating.If your dream is to develop, zoning is R-1M, which allows medium density, up to 4 story builds. The lot can accommodate 70 to 100 (stacked) townhouses, condos or apartments. Buyer is responsible for all city planning and development requirements. The prime land offers a perfect canvas to bring to life a vibrant residential development in the prime Crystal Beach community.Absolutely a opportunity for all developers. The area is influenced by future developments.

Details

MLS#40657039
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site10
Listing Provided ByREMAX REALTY SPECIALISTS INC SHERWOODTOWNE BLVD | Naveed Haidari

Features

SQ Feet4,700
Story(s)1
ZoningCOMMERCIAL
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Learn More About This Property

ProvinceON
RegionNiagara
CityNiagara Falls
Postal CodeL0S 1B0
AreaFort Erie
Subarea335 Ridgeway
Community Name335 Ridgeway
Listing VS Median (in 335 Ridgeway)
Price:
$4,500,000
low | high
Med:
$780,000
100% of Average
SqFt:
4,700
low | high
Med:
3,700
71.276595744681% of Average
$ / SqFt:
$957
low | high
Med:
$211
100% of Average
On Site:
10
low | high
Med:
247.000000
4.048582995951% of Average
Sourced by Back At You
Listing Updated: October 2, 2024 at 3:53:24 PM PDT