6104 GARNER ROAD
Niagara Falls (Forestview), Ontario
MLS® X13629384
$3,700,000
- Status
- Active
- Property type
- House
- MLS® number
- X13629384
- Bedrooms
- 8
- Bathrooms
- 5
- Year built
- —
1 / 2Listing 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.
Property summary
- MLS® number
- X13629384
- Property type
- Single Family
- Building type
- House
- Title
- Freehold
- Land size
- 200 x 217.8 FT
- Annual property taxes
- $9,181.67
- Parking
- 8 spaces · Attached Garage, Garage
- Days on market
- 60 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Basement
- Apartment in basement, Separate entrance, N/A, N/A
- Exterior features
- Steel, Brick Facing
- Pool
- Inground pool
What would this home cost you?
Based on the $3,700,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY, MISSISSAUGA.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.