$ 7.900.000

5544 Mcleod Rd, Niagara Falls

4 Photos

5544 Mcleod Rd, Niagara Falls, ON L2G3E3 Photo 2

5544 Mcleod Rd, Niagara Falls, ON L2G3E3 Photo 3

5544 Mcleod Rd, Niagara Falls, ON L2G3E3 Photo 4

Living area: 9075 square feet
MLS®: x8060196

Type: Commercial
Added: 84 days ago

Property Details

Harvey Kalles Real Estate Ltd., Brokerage & High Point Realty Limited are pleased to present a prominent gateway motel property with mid-to-high density residential development potential. Located in the Tourist Core of Niagara Falls at the corner of Stanley Ave & McLeod Rd, between Marineland and the hotel-entertainment core, the existing non-operating 2 storey motel, in need of rejuvenation, contains 23 motel units and has a 3-bedroom office/residence. In-place zoning permits a range of Tourist Commercial Uses. A mixed-use development concept by Zeidler Partnership Architects for 245 res units/22 floors with podium retail commercial has been presented to the City. The site provides a unique opportunity to pursue a mid-rise or high-rise rezoning for greater heights or to restore/expand the existing model.

Property Information

Heating: Baseboard heaters
Living Area: 9075
Photos Count: 4
Water Source: Municipal water
Parking Total: 23
Tax Annual Amount: 42285.37
Lot Size Dimensions: 297.41 x 207.8 FT ; Irregular -Two Parcels
Extras: 1.5+/- acres site consists of 2 land parcels.Survey, Geotech, Phase 1, 2 & Record of Site Condition reports are avail.HST is in addition to list price & sole responsibility & expense of the Buyer.Property Tax amt subject to confirmation. (id:1945)

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Nearby Places

Name	Type	Address	Distance
Rankine Generating Station	It was built in 1905 for the Canadian Niagara Powe...		0.6 km
Marriott on the Falls Hotel	The hotel opened in 1993 as the Sheraton Fallsview...		0.8 km
Marriott Niagara Falls Hotel Fallsview & Spa	The hotel opened in 1998 with over 20 room floors,...		0.9 km
Toronto Power Generating Station	Completed in 1906 in the Beaux-Arts-style, the sta...		0.9 km
Cedar Island (Niagara River)	The far south point of the island is often crowded...		0.9 km
Tower Hotel (Niagara Falls)	It features an indoor observation deck, restaurant...		0.9 km
The Tower Hotel	Lodging	6732 Fallsview Boulevard	0.9 km
Oak Hall (Niagara Falls, Ontario)	In 1966, the estate grounds became a 9-hole golf c...		0.9 km
Niagara River	It forms part of the border between the province o...		1.0 km
Falls Incline Railway	It is located beside Niagara Falls at the Horsesho...		1.0 km
Horseshoe Falls	Approximately 90% of the Niagara River, after dive...		1.0 km
Table Rock Welcome Centre	The complex consists of two buildings connected by...		1.0 km

Similar Commercial listings Stat in Niagara Falls

We have found 5 Commercial that closely match the specifications of the property located at 5544 Mcleod Rd with distances ranging from 2 to 7 kilometers away. The prices for these similar properties vary between 5,800,000 and 11,000,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Commercial in the L2G3E3 postal code area of Niagara Falls Ontario Canada.

Demographic Information

Neighbourhood Education

Master's degree	15
Bachelor's degree	50
University / Above bachelor level	10
University / Below bachelor level	10
Certificate of Qualification	10
College	125
University degree at bachelor level or above	70

Neighbourhood Marital Status Stat

Married	285
Widowed	20
Divorced	30
Separated	25
Never married	145
Living common law	30
Married or living common law	315
Not married and not living common law	220

Neighbourhood Construction Date

1961 to 1980	15
1981 to 1990	120
1991 to 2000	60

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Welland	312	$978.181
Hamilton	2264	$1.115.404
Ridgeway	69	$936.227
Crystal Beach	65	$631.959

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