Active

415 Regent Street, Niagara-on-the-Lake

Niagara - on - the - Lake ON, L0S 1J0

$5,800,000


$1,083.91 per sqft

Active

4 Beds

4 Baths

5,351 sqft

Residential

Prime Development Opportunity Four Blocks from Downtown.

Discover a rare offering in the heart of the city, just four blocks away from Queen Street and downtown. This expansive 1.25-acre property, available for the first time since its acquisition and renovation in 1959, presents immense potential for visionary developers. Boasting two parcels of land, including a duplex and a detached heated 3-car garage, the site is ideally suited for a range of development options. With its zoning allowing for potential, commercial and single-family lots or townhome development, this property promises significant returns in a rapidly growing market. The current owner is open to remaining as a tenant, facilitating a smooth transition and offering potential income during the development process. Additionally, all three buildings on the site are available for lease, further enhancing flexibility for interested parties. Don't miss out on this unparalleled opportunity to shape the future landscape of this vibrant community. Whether you're looking to capitalize on the burgeoning demand for residential properties or seeking to create a landmark development, this property is poised to fulfill your vision. Schedule your viewing today and explore the endless possibilities awaiting at this prime downtown location.

40607663

MLS ID

June 18, 2024

Listed

July 4, 2024

Updated

Map

415 Regent Street, Niagara-on-the-Lake
Niagara - on - the - Lake ON, L0S 1J0

Interior Features

Bedrooms

4


Total Bathrooms

4


Full Bathrooms

2


Half Bathrooms

2


Interior Features

Accessory Apartment, Auto Garage Door Remote(s), In-law Capability, Work Bench


Appliances

Dishwasher, Refrigerator, Stove


Laundry Description

None


Fireplace

Yes


Fireplace Description

Wood Burning


Cooling

No


Cooling Description

Central Air


Heating

Yes


Heating Description

Baseboard, Electric, Hot Water-Other

Exterior/Building Features

Lot Size

1.23 Acres


Exterior Features

Balcony, Landscaped


Lot Features

Urban, Ample Parking, City Lot, Landscaped, Library, Park, Place of Worship, Playground Nearby, Quiet Area, Schools, Shopping Nearby


Architectual Style

Two Story


Roof

Asphalt Shing


Sewer

Sewer (Municipal)

Other Property Details

Area Name

Niagara-on-the-Lake


Taxes

$18,000


Tax Frequency

Annually


Garage

Yes


Garage Spaces

4


Parking

Attached Garage, Detached Garage, Garage Door Opener, Asphalt, Heated


Parking Total

17


View

No


County

Niagara


Water Source

Municipal


Pool

No


Zoning

R1, C1

 

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