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$ 3,700,000
Est. payment /mo
New
6104 Garner RD Niagara Falls, ON L2E 6S4
8 Beds
5 Baths
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision 219 - Forestview
MLS Listing ID X13629384
Style 2-Storey
Bedrooms 8
Annual Tax Amount $9,181
Tax Year 2026
Property Sub-Type Detached
Property Description
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.
Location
Province ON
County Niagara
Area Niagara
Rooms
Basement Apartment, Separate Entrance
Kitchen 2
Interior
Interior Features Other
Cooling Central Air
Exterior
Parking Features Attached
Garage Spaces 2.0
Pool Inground
Roof Type Asphalt Shingle
Total Parking Spaces 8
Building
Building Age 0-5
Foundation Concrete Block
Lited by ROYAL LEPAGE SIGNATURE REALTY