ON > Niagara Falls > 220 - Oldfield
Niagara Falls, ON L2G 2E3,5544 Mcleod RD
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Niagara Falls, ON L2G 2E3,5544 Mcleod RD
Niagara Falls, ON L2G 2E3,5544 Mcleod RD
Niagara Falls, ON L2G 2E3,5544 Mcleod RD
Niagara Falls, ON L2G 2E3,5544 Mcleod RD
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Jethro Seymour

Jethro Seymour

+1(416) 712-0767
$ 4,990,000
Est. payment /mo
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5544 Mcleod RD Niagara Falls, ON L2G 2E3

1 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 1 sqft

Price per Sqft $4,990,000

Subdivision 220 - Oldfield

MLS Listing ID X12229403

Annual Tax Amount $20,340

Tax Year 2024

Property Sub-Type Investment

Lot Depth 188.95

Lot Front 205.81

Property 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.

Location

Province ON

County Niagara

Community 220 - Oldfield

Area Niagara

Interior

Cooling No

Exterior

Utilities Available None

Lot Frontage 205.81

Lot Depth 188.95

Listed by VANGUARD REALTY BROKERAGE CORP.
agent

Jethro Seymour

Broker

+1(416) 712-0767

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5544 Mcleod RD

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