8 Elden Street, Niagara-On-The-Lake, ON L0S 1J0

$4,199,000

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List Price
$4,199,000
MLS#
X13121224
Status
ACTIVE
Type
Commercial
SubType
Land
Province
ON
Municipality
Niagara-On-The-Lake
Area
Niagara
Neighborhood
108 - Virgil
Subdivision
Line 1

Property Description

Prime mixed residential development opportunity in Virgil, Niagara-on-the-Lake. Site plan approved and ready-to-build, the development includes a 4-storey, 24-unit condo building and 8 bungalow townhomes on a prominent corner parcel surrounded by established residential housing and commercial amenities.The building is designed with twenty-four 2-bedroom units, elevator access, barrier-free suites, dedicated parking, bike storage, and landscaped common areas. The bungalow townhomes are designed for single-level living with garages and private entrances.The site layout preserves the existing church structure while positioning the apartment building and bungalow towns facing one another across a central landscaped parking and access court.Located minutes from Old Town Niagara-on-the-Lake, wineries, schools, shopping, and major commuter routes, the property offers a well-positioned infill development opportunity in one of Niagara's most established and desirable communities. Architectural plans and supporting development information available.

Additional Information

Taxes
$4,790
Lot Depth
303

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Calculator source: Real Geeks

Listing courtesy of REVEL Realty Inc., Brokerage.