$ 4,990,000
-
$4,990,000
Price -
0
Bed - Bath
-
2
SqFt
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About the Listing 152900 -
Power of Sale opportunity in the heart of Niagara Falls vibrant tourist district. This high-profile 1.5-acre corner property offers exceptional redevelopment potential with Tourist Commercial zoning allowing for a range of uses including hotel, residential, mixed-use, and retail. The site consists of a vacant two-storey, 23-room motel and an adjacent vacant parcel, providing a generous footprint for future development. Conceptual plans propose a 22-storey mixed-use tower featuring approximately 245 residential units above a commercial podium, aligning with the Cities vision for intensification in this prime area. The property is situated at the busy intersection of McLeod Road and Stanley Avenue, just minutes from major attractions such as, Fallsview Casino, Horseshoe Falls, and Clifton Hill, with excellent access to the QEW highway, GO Transit, and the U.S. border via the Rainbow Bridge.. This is a rare chance to secure a significant redevelopment site in one of Canadas most visited tourist destinations, available under Power of Sale.
Listing Highlights for 5544 McLeod Rd
Status
Active
Days on Site
84
Property Type
Commercial Sale
MLS ®
X12229403
Year Built
Total Square Footage
2
Lot/Acreage
0.82
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: No
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer:
- Parking Features: Outside/Surface
Financial Details
- Tax Amount: $20,340
- Taxes w/Assessments: N/A
- Tax/Property ID: 643760143
- Tax Year: 2024
Payment Calculator
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Listing Location
Questions About..
5544 McLeod Rd Niagara Falls, ON L2G 2E3
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