Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

5544 Mcleod Road, Niagara Falls, ON L2G 3E3 (Stanley & Marine Land Parkway)
$ 6975000 - MLS : X8060196

From Our Gallery

Description

Harvey Kalles Real Estate Ltd., Brokerage & High Point Realty Limited are pleased to present a prominent gateway motel property with future mid-to-high density residential development potential. Located in the Tourist Core of Niagara Falls at the corner of Stanley Ave & McLeod Rd, between Marineland and the hotel-entertainment core, the existing non-operating 2 storey motel, in need of rejuvenation, contains 23 motel units and has a 3-bedroom office/residence. In-place zoning permits a range of Tourist Commercial Uses. A mixed-use development concept by Zeidler Partnership Architects for 245 res units/22 floors with podium retail commercial has been presented to the City. The site provides a unique opportunity to pursue a mid-rise or high-rise rezoning for greater heights or to restore/expand the existing model. Property being sold in an As is Where Is Condition by lender and another brokerage. **EXTRAS** 1.5+/- acres site consists of 2 land parcels.Survey, Geotech, Phase 1, 2 & Record of Site Condition reports are avail.HST is in addition to list price & sole responsibility & expense of the Buyer.Property Tax amt subject to confirmation.

Location Description

Stanley & Marine Land Parkway

Property Detail

Community: 220 - Oldfield
Property Type: Owner/Commercial
Garages: None
Annual Property Taxes : $ 42285.37

Lot dimensions: sqft
Baths:

Facts and Features

Parking Type : None

Amenities

Heating : Baseboard
Sewer : Sanitary+Storm ,

Listing Contracted With: HARVEY KALLES REAL ESTATE LTD.

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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