5234 Victoria Avenue
Niagara Falls, ON L2E 4C6
About This Property
Attention Investors/Builders! This prime-location site offers two-corner access and is within walking distance to key attractions: 8 minutes to Clifton Hill 14 minutes to the Falls,casinos, restaurants, and all the attractions in the Fallsview Tourist Area. The seller has applied for a new concept development featuring 35 units (with potential to build up to 61 units) plus 5000 sq ft commercial space on the main floor. The project can be developed as either a rental building or a condo building, offering very high returns upon development due to its prime location and high demand in the area. A clean environmental report and a new survey are available for review.
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X12675854
Listed by SUTTON GROUP-ADMIRAL REALTY INC.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$14,156
/month · $2,319,200 mortgage
Amortization
Total Interest
$1,927,660
Total Cost
$4,246,860
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
Full Mortgage Calculator →Listed By
SUTTON GROUP-ADMIRAL REALTY INC.