5491 River Rd
Niagara Falls, L2E 3H3
FOR SALE
$1
Sold
$6,100,000
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BEDROOMS0
BATHROOMS0
KITCHENS0
ROOMSX4354319
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2019-02-07 | 2019-04-30 | 82 | $1 | $6,100,000 | Sold |
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Property Description
Prominent Corner Block Land Assembly Overlooking Niagara Falls. The Property Is To Be Sold On An As-Is, Where-Is Basis. Sale Is Being Conducted By Court Monitored Process. All Information To Be Verified. Offering Includes: 5491/5471/5507 River Road And 4399 John Street, Collectively Comprising 1.96 Acres. Proposed Dev. Is Two Residential Towers (12/21 Storeys). Site Forms Partially Of A 7 Property Portfolio Of Urban Infill Dev. Sites.
Extras
Property Is Offered On An Un-Priced Basis. Offers Are Requested On March 27Th, 2019 Before 3:00 Pm Est.
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Similar Listings
Sitting on the cusp of Niagara Falls urban boundaries (850 meters away), this 118-acre agricultural land is poised to become Niagaras next investment opportunity. Fronting on four roads, three of which are activeBiggar Road, Morris Road, and Carl Road and one inactive road, McKenney Rdthis parcel is primed for rezoning. Just a stones throw away from the new South Niagara Project, Niagara Falls' new Hospital, scheduled for completion by 2028 (only 2 kilometers away), the QEW, Costco, and the Niagara Square, the property is strategically located. With population growth, immigration, and housing shortages all contributing, its only a matter of time before urban boundaries expand. The property currently features a recently renovated two-bedroom bungalow and two large storage shops.
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