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6104 Garner Road Niagara Falls, Ontario

$3,700,000
8 Beds
  5 Full

PROPERTY INFO

Investor Opportunity - 6104 Garner Road, Niagara FallsRare Shovel-Ready Development Site With Advanced Planning Approvals Already In Place For A Modern 6-Storey Residential Building With 57 Condo Units.Two High-Potential Strategies Available: 1. Market Condo Development - Construct And Sell (Or Hold) 57 Residential Units In A Growing Niagara Falls Corridor. With Key Approvals Progressing, You Can Move Efficiently Into Construction And Capture Strong Market Returns.2. Government-Supported Housing Route - Convert The Project Into Purpose-Built Rental Under Available Federal/Provincial Affordable Housing Programs. Eligible Projects Can Access Funding Covering Up To 95% Of Capital Costs. Build Once, Then Enjoy Reliable, Long-Term Rental Income For Life With Significantly Reduced Equity Outlay.The Heavy Planning Work Is Already Underway. A New Investor Can Step In, Complete The Process, Build, And Begin Generating Returns Quickly - Either Through Unit Sales Or Stable Cash-Flow Rentals.Located In A High-Growth Area Of Niagara Falls With Strong Demand Drivers And Future Secondary-Plan Expansion Nearby. Ideal For Investors Seeking Either Capital Appreciation Or Dependable Lifelong Income.This Is A True Dual-Path Opportunity: Build-To-Sell Or Build-To-Hold With Major Government Support. (id:4555)

PROPERTY SPECS

Price $3,700,000
City Niagara Falls, Ontario
Bed / Bath 8 / 5 Full
Address 6104 Garner Road
Listing ID X13629384
Style House
Parking 8.00
Type Residential
Status For Sale

EXTENDED FEATURES

Subtype Single Family Ownership Freehold Basement Apartment in basement, Separate entrance, N/A Heating / Cooling Forced air, Natural gas Sewer Septic System Parking 8.00



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