1 Acre Site In Old Town Niagara On The Lake

Unpriced

For Sale: Land in Niagara-on-the-Lake

Listing Details

Permitted uses:

• Apartment Units

Description

Introducing a rare development opportunity in one of Canada's most prestigious communities. Located at 223-227 Mary Street, this 1.026-acre site is zoned with site-specific multi-residential zoning in place for a 41-unit, 4-storey apartment building making it an opportunity for developers and investors seeking a position in this historic town. The property has been rezoned with site specific provisions to allow for: A 4-storey (14m) building 41 residential units 51,416 sq. ft. GFA 48 parking spaces Total site area: 1.026 acres Ideally situated just a short walk from Niagara-on-the-Lake's vibrant Old Town, this property offers the perfect balance of small-town charm and development potential. The groundwork is laid for a striking, thoughtfully designed residential building that caters to strong demand for luxury rentals or condominiums in the area. Walking distance to shops, restaurants, wineries, and the Shaw Festival. Municipal services available on site. High-demand market with limited future development supply. Whether you're a seasoned builder or a forward-thinking investor, this is a rare chance to shape the future of Niagara-on-the-Lakes residential landscape. Opportunities of this scale, readiness, and location are exceedingly limited. Development site in Old Town. Planning Documents: https://www.notl.com/business-development/public-planning-notices/223-227-mary-street-zoning-law-amendment-official-plan

Video

Location & nearby

This listing is located in Niagara-on-the-Lake,

Ask the agent a question about this listing in one click

• Can you send me more info?
• Can I book a showing?
• What’s your price expectation?
• Can you tell me more about the location?
• Ask your own question