6104 Garner Road, Niagara Falls, Ontario L2E 6S4

Listed for:
$3,700,000
8 beds
5 baths
Listed 14 days ago
House for rent: 6104 Garner Road, Niagara Falls, Ontario L2E 6S4

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About

Garner Rd & McLeod Rd 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:27476)

Property Highlights

MLS® Number
X13629384
Type
Single Family
Community Name
219 - Forestview
Ownership Type
Freehold
Land Size
200 x 217.8 FT|1/2 - 1.99 acres
Parking Space Total
8

Building

Building Type
House
Storeys
2.00
Square Footage
1500 - 2000 sqft
Bathrooms Total
5
Bedrooms Above Ground
6
Bedrooms Total
8
Exterior Finish
Steel, Brick Facing
Fireplace Present
No
Basement Type
N/A, N/A
Basement Features
Apartment in basement, Separate entrance
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning

Utilities

Water
Municipal water
Utility Sewer
Septic System

Location

Learn more about this property
Listing provided by:
ROYAL LEPAGE SIGNATURE REALTY
MLS® number:
X13629384
Agent:
Annie Nguyen
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Street Spotlight - For sale