$ 5,800,000
415 Regent ST Niagara-on-the-lake, ON L0S 1J0
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In-PersonVirtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 5,800,000
Est. payment /mo
Active
415 Regent ST Niagara-on-the-lake, ON L0S 1J0
4 Beds
4 Baths
0.5 Acres Lot
UPDATED:
07/18/2024 04:08 PM
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5000 +
MLS Listing ID X8488600
Style 2-Storey
Bedrooms 4
Annual Tax Amount $18,000
Tax Year 2023
Lot Size 0.500 Acres
Property Description
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. Dont miss out on this unparalleled opportunity to shape the future landscape of this vibrant community. Whether youre 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.
Location
Province ON
County Niagara
Rooms
Family Room Yes
Basement Partial Basement, Unfinished
Kitchen 2
Interior
Interior Features Accessory Apartment, Auto Garage Door Remote, In-Law Capability, Workbench
Cooling Central Air
Fireplace Yes
Exterior
Garage Private Triple, Other
Garage Spaces 13.0
Pool None
Waterfront No
Roof Type Asphalt Shingle
Parking Type Detached
Total Parking Spaces 16
Building
Foundation Stone
Listed by REVEL REALTY INC.