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$3,200,000

8 Beds 5 Baths 1,500 SQFT 0.00 Acres
Type: Single Family

6104 GARNER ROAD
Niagara Falls (Forestview), ON L2E6S4

MLS#: X13629384
Danny Murrell
Danny Murrell
Condo Digs
Phone: 416.831.8058
Office: 416.840.6300
Presented by: ROYAL LEPAGE SIGNATURE REALTY

Property 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. (id:7434)


 

Interior Features

Bedrooms

Bedrooms6+2

Other Interior Features

Basement TypeN/A, N/A
Building Fireplace PresentFalse
Building Heating FuelNatural gas
Building Heating TypeForced air
Construction Style AttachmentDetached
Living Area Range1,500 sqft

General

Building Age0 to 5 years
Building Basement FeaturesApartment in basement, Separate entrance
Building Cooling TypeCentral air conditioning
Building TypeHouse
Building.StoriesTotal2
CommunityName219 - Forestview
Foundation TypeBlock
Location DescriptionGarner Rd & McLeod Rd
Ownership TypeFreehold
Parking Space Total8
Property TypeSingle Family

Exterior

Exterior FinishSteel, Brick Facing
Pool TypeInground pool
SewerSeptic System

Additional Details

  

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$3,200,000

8 Beds 5 Baths 1,500 SQFT 0.00 Acres
Type: Single Family

6104 GARNER ROAD
Niagara Falls (Forestview), ON L2E6S4

MLS#: X13629384
Danny Murrell
Danny Murrell
Condo Digs
Phone: 416.831.8058
Office: 416.840.6300
RE/MAX Condos Plus Corp. Brokerage
45 Harbour Sq. Toronto, ON M5J 2G4

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