Address
6104 Garner Road, Niagara Falls (Forestview), ON
Price
$ 3,700,000
Property Attributes
- ID#X13629384
- TypeSingle Family
- Listing Status Active
- MunicipalityNiagara Falls (Forestview)
- CityNiagara Falls (Forestview)
- Area219 - Forestview
- Neighbourhood219 - Forestview
- Postal CodeL2E 6S4
- Style
- Price$ 3,700,000
- Bedrooms6+2
- Bathrooms5
- Half Bathrooms0
Data Source:
Canadian Real Estate Association (CREA)
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. (id:7434)
General Features
| Property Type | Single Family |
|---|---|
| CommunityName | 219 - Forestview |
| Building Age | 0 to 5 years |
| Building Basement Features | Apartment in basement, Separate entrance |
| Building Cooling Type | Central air conditioning |
| Location Description | Garner Rd & McLeod Rd |
| Parking Space Total | 8 |
| Foundation Type | Block |
| Building Type | House |
| Ownership Type | Freehold |
| Building.StoriesTotal | 2 |
Interior Features
| Building Fireplace Present | False |
|---|---|
| Building Heating Type | Forced air |
| Building Heating Fuel | Natural gas |
| Basement Type | N/A, N/A |
| Construction Style Attachment | Detached |
| Living Area Range | 1500 |
| Bedrooms | 6+2 |
Exterior Features
| Pool Type | Inground pool |
|---|---|
| Sewer | Septic System |
| Exterior Finish | Steel, Brick Facing |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in L2E 6S4
Price
In The Neighbourhood
Just Listed
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$ 899,900
- Type
- Single Family
- Rooms
- 4 Beds + 3 Baths
EXP REALTY
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$ 849,000
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- Rooms
- 5 Beds + 3.5 Baths
RE/MAX GARDEN CITY REALTY INC, BROKERAGE
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$ 3,000
- Type
- Single Family
- Rooms
- 4 Beds + 3.5 Baths
ROYAL LEPAGE NRC REALTY
Niagara Falls (Forestview)
$ 869,000
- Type
- Single Family
- Rooms
- 6 Beds + 2 Baths
ROYAL LEPAGE NRC REALTY
Niagara Falls (Forestview)
$ 849,900
- Type
- Single Family
- Rooms
- 5 Beds + 3.5 Baths
HOMELIFE/MIRACLE REALTY LTD
Golf Course
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$ 749,900
- Type
- Single Family
- Size
- 2,396 SqFt
- Rooms
- 4 Beds + 2.5 Baths
RE/MAX Escarpment Golfi Realty Inc.
Primary On Main
Niagara Falls (Forestview)
$ 749,000
- Type
- Single Family
- Rooms
- 5 Beds + 2 Baths
RE/MAX HENDRIKS TEAM REALTY
