Address
5544 Mcleod Rd Niagara Falls, ON
Price
$ 10,500,000
Property Attributes
  • ID#X4253539
  • TypeCommercial
  • CityNiagara Falls
  • NeighbourhoodNiagara Falls
  • Postal CodeL2G 3E3
  • StyleHotel/Motel/Inn
  • Taxes$ 23645
  • Price$ 10,500,000
  • Bedrooms0
  • Full Bathrooms23
  • Half Bathrooms0
Listing Provided Courtesy Of:
HARVEY KALLES REAL ESTATE LTD., BROKERAGE
Data Source:
Canada - Toronto Real Estate Board (TRREB)
Property Description

Niagara Falls Redevelopment Site Near The Corner Of Stanley & Mcleod. Attention Hotel, Mid-Rise Residential & Commercial Retail Developers. Op Permits Wide Range Of Uses. Two Parcels Of Land. Existing Motel Is Not Operating. Property Being Sold On An "As Is, Where Is" Basis. Legal Description For 2nd Lot: Lt J Maher Pl 4 Pt Lt 2, Rl4 As In R0640349 Except Pt 3 59R118 502 & Pt4 On 59R11974, Niagara Falls.

Price History
9/21/2018 Listed $15,000,000
11/28/2019 1% - $14,888,000
6/13/2020 43% - $8,500,000

General Features

ApproxAge 31-50
Area Niagara
Basement No
Category Accommodation
Chattels No
Crane No
Elevator None
Extras Phase 1, Phase 2 And Record Of Site Condition Documents Available. Proposed Architectural Design By Zeidler Partnership Architects Is Not Yet Approved. No Development Application Filed.
Franchise No
Heater Type Other
Legal Description Pt Lot 1 Pl4 Stamford Pt2, 59R5391, Niagara Falls
Lot Depth 207.80
Municipality Niagara Falls
Parking Spaces 23
Property Sub Type Investment
Sprinklers No
Status A
Survey Yes
Tax Year 2020
Taxes 23645.12
Utilities Yes
Water Municipal
Zoning Tourist Commercial

Interior Features

A/C No
Washrooms 23

Exterior Features

Freestanding Yes
Garage Type None
Rail No
Sewers San+Storm
Soiltest Yes
Trailerparkingspots 2

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 Commercial Average in L2G 3E3

Price
AVG $10.5M
$10.5M
Taxes
AVG $23,645
$23,645
Visits
AVG 514
513

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