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