5544 Mcleod Road,Niagara Falls, ON L2G 2E3
Niagara Falls, ON L2G 2E3
Description
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.
Details
| MLS # | X12229403 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 142 |
| Listing Provided By | VANGUARD REALTY BROKERAGE CORP. | X12229403 152900 |
Features
| SQ Feet | 66,211 |
|---|---|
| Acreage | 1.52 |
Interior
| Cooling | No |
|---|
Utilities
| Utilities | None |
|---|
Taxes
| Tax Annual Amount | 20340 |
|---|---|
| Tax Type | Annual |
| Tax Legal Description | LT J. MAHER PL 4, PT LT 2 PL 4, AS IN RO640349 EXCEPT PT 3 ON 59R11850&PT 4 ON 59RLL974; NIAGARA FALLS |
| Tax Year | 2024 |
Area Information
| Province | ON |
|---|---|
| County | Niagara |
| City | Niagara Falls |
| Postal Code | L2G 2E3 |
| Area | 220 Oldfield |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Niagara |
| City | Niagara Falls |
| Postal Code | L2G 2E3 |
| Area | 220 Oldfield |
