415 Regent Street Niagara-On-The-Lake, Ontario L0S 1J0
$5,800,000
Prime Development Opportunity Four Blocks from Downtown. Discover a rare offering in the heart of the city, just four blocks away from Queen Street and downtown. This expansive 1.25-acre property, available for the first time since its acquisition and renovation in 1959, presents immense potential for visionary developers. Boasting two parcels of land, including a duplex and a detached heated 3-car garage, the site is ideally suited for a range of development options. With its zoning allowing for potential, commercial and single-family lots or townhome development, this property promises significant returns in a rapidly growing market. The current owner is open to remaining as a tenant, facilitating a smooth transition and offering potential income during the development process. Additionally, all three buildings on the site are available for lease, further enhancing flexibility for interested parties. Don’t miss out on this unparalleled opportunity to shape the future landscape of this vibrant community. Whether you’re looking to capitalize on the burgeoning demand for residential properties or seeking to create a landmark development, this property is poised to fulfill your vision. Schedule your viewing today and explore the endless possibilities awaiting at this prime downtown location. (id:52603)
Property Details
| MLS® Number | 40608343 |
| Property Type | Hospitality |
| Amenities Near By | Schools |
| Features | Southern Exposure, Paved Driveway |
| Parking Space Total | 17 |
Building
| Basement Type | Partial |
| Exterior Finish | Stucco, Vinyl Siding |
| Fire Protection | Alarm System |
| Foundation Type | Stone |
| Stories Total | 2 |
| Size Exterior | 5351.0000 |
| Size Interior | 5351 Sqft |
| Utility Water | Municipal Water |
Parking
| Attached Garage | |
| Detached Garage |
Land
| Acreage | Yes |
| Land Amenities | Schools |
| Sewer | Municipal Sewage System |
| Size Depth | 255 Ft |
| Size Frontage | 211 Ft |
| Size Irregular | 1.232 |
| Size Total | 1.232 Ac|1/2 - 1.99 Acres |
| Size Total Text | 1.232 Ac|1/2 - 1.99 Acres |
| Zoning Description | R1, C1 |
https://www.realtor.ca/real-estate/27062784/415-regent-street-niagara-on-the-lake
8685 Lundy's Lane, Unit 3
Niagara Falls, Ontario L2H 1H5
(905) 357-1700
(905) 357-1705
revelrealty.ca
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June 20 2024 03:01:47
Niagara Association of REALTORS®
Revel Realty Inc., Brokerage