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  • estateofchoice@gmail.com
Sandeep Mehra
Realtor
Pontis Realty Inc., Brokerage
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Sandeep Mehra
Realtor
  • Home
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6104 Garner Road, Niagara...

Niagara, L2E 6S4
  • 1500-2000 Sq-Ft
  • 8 Bedrooms
  • - Garage
  • 5 Bathroom
Start From
$ 3,200,000

Descripation

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.

Essential Information

  • Price: $3200000
  • For: Residential Freehold
  • Property Types: Detached
  • Area: 1500-2000 SQFT
  • Country: CA
  • City: Niagara Falls
  • Garages:
  • Bedrooms: 8
  • Bathrooms: 5
  • Fronting On: East
  • Listing ID: X13629384
  • Cross Street: Garner Rd & McLeod Rd
  • Annual Property Tax: $ 9181.67
  • Lot Size: .50-1.99
  • Listing Brokerage: ROYAL LEPAGE SIGNATURE REALTY

Amenities

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Pontis Realty Inc., Brokerage
  • 7275 Rapistan Court, Mississauga, Ontario L5N 5Z4
  • 416-845-9558
  • estateofchoice@gmail.com

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