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415 Regent

| Niagara-on-the-Lake

$5,800,000.00

Listed 3 months ago

  • 4 bed
  • 4 bath
  • 5000+ sqft
  • 16.0 parking
  • Duplex

Instant Estimate

$5,598,175

-$201,826 compared to list price

  • Upper range

    $7,056,715

  • Mid range

    $5,598,175

  • Lower range

    $4,139,634

Property history

  • Now
    Listed on Jun 28, 2024

    Listed for $5,800,000.00

    102 days on market

Location & area

Schools nearby

Home Details

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.
Additional media
-
Property taxes
$18,000.00 per year / $1,500.00 per month
Basement
Part Bsmt
Basement
Unfinished
Year build
51-99
Type
Duplex
Bedrooms
4
Bathrooms
4
Parking spots
16.0 Total | 3.0 Garage
Floor
-
Balcony
-
Pool
None
External material
Stucco/Plaster
Roof type
-
Lot frontage
-
Lot depth
-
Heating
Baseboard
Fire place(s)
Y

    Listing Brokerage

    MLS® Listing
    X8488600
    Brokerage
    REVEL REALTY INC.

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