6104 Garner Road, Niagara Falls (forestview), Ontario

$3,700,000

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8

Beds

5

Baths

About 6104 Garner Road

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:36535)

Features of 6104 Garner Road

Listing # X13629384
Price $3,700,000
Bedrooms 8
Bathrooms 5.00
Acres 0.00
Type Single Family
Sub-Type Freehold

Community Information

Address 6104 Garner Road
Subdivision 219 - Forestview
City Niagara Falls (forestview)
Province Ontario
Postal Code L2E6S4

Amenities

Parking Spaces 8
Parking Attached Garage, Garage
# of Garages 2
Is Waterfront No
Has Pool Yes
Pool Inground pool

Interior

Heating Natural gas Forced air
Cooling Central air conditioning
Fireplace No
# of Stories 2
Has Basement Yes
Basement Features Apartment in basement, Separate entrance
Basement Type N/A, N/A

Exterior

Exterior Steel, Brick Facing
Lot Description 200 x 217.8 FT|1/2 - 1.99 acres
Foundation Block

Listing Details

OfficeCourtesy Of ROYAL LEPAGE SIGNATURE REALTY

Listing Map