2203 Niagara Stone Road, Niagara-On-The-Lake, ON L0S 1J0

$2,750,000

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List Price
$2,750,000
MLS#
X12582964
Status
ACTIVE
Type
Commercial
SubType
Land
Province
ON
Municipality
Niagara-On-The-Lake
Area
Niagara
Neighborhood
101 - Town
Subdivision
Niagara Stone Road & Mary

Property Description

Exciting SHOVEL READY development opportunity in the heart of Old Town Niagara-on-the-Lake! Located at 2203 Niagara Stone Road, this proposed site has potential for 9 executive townhomes, offering a rare chance in one of Canadas most prestigious and picturesque communities. Ideally situated along the main gateway to Old Town, future residents will enjoy being walk distance to boutique shops, fine dining, art galleries, and the renowned Shaw Festival Theatre. Just minutes from award-winning wineries, Niagara-on-the-Lake Golf Club, the scenic Lake Ontario waterfront, and beautiful parks, this location provides the perfect blend of luxury, culture, and convenience making it a lucrative builder opportunity. The site also offers easy access to major highways, making it a seamless commute to Niagara Falls, the QEW through to Toronto. With strong demand for upscale housing in this affluent area, this is an unparalleled investment opportunity in a thriving real estate market. Considerable site preparations have already been completed including but not limited to - removal of unstable material & site compaction, construction of dry lay stone retaining wall, transformer, light fixtures and street lampposts available, and grinder pumps for 6 units are available to the purchaser - a value add of approximately $725,000 has already been done for you by the developer! Plans are available for 6 townhomes - but the site is pending approval for up to 9. Don't miss out on this prime development site in one of the most desirable destinations in the country!

Additional Information

Taxes
$1,842
Lot Depth
337

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Calculator source: Real Geeks

Listing courtesy of REVEL Realty Inc., Brokerage.