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  • For Sale
Rare Opportunity to Acquire 122-Key Multi-Residential Asset in Tightly Held Niagara Falls - #1
Rare Opportunity to Acquire 122-Key Multi-Residential Asset in Tightly Held Niagara Falls - #2
Rare Opportunity to Acquire 122-Key Multi-Residential Asset in Tightly Held Niagara Falls - #3
Rare Opportunity to Acquire 122-Key Multi-Residential Asset in Tightly Held Niagara Falls - #4
Rare Opportunity to Acquire 122-Key Multi-Residential Asset in Tightly Held Niagara Falls - #5
Rare Opportunity to Acquire 122-Key Multi-Residential Asset in Tightly Held Niagara Falls - #6
Rare Opportunity to Acquire 122-Key Multi-Residential Asset in Tightly Held Niagara Falls - #7
Rare Opportunity to Acquire 122-Key Multi-Residential Asset in Tightly Held Niagara Falls - #8
Rare Opportunity to Acquire 122-Key Multi-Residential Asset in Tightly Held Niagara Falls - #9
Rare Opportunity to Acquire 122-Key Multi-Residential Asset in Tightly Held Niagara Falls - #10
Rare Opportunity to Acquire 122-Key Multi-Residential Asset in Tightly Held Niagara Falls - #11
Rare Opportunity to Acquire 122-Key Multi-Residential Asset in Tightly Held Niagara Falls - #12
Rare Opportunity to Acquire 122-Key Multi-Residential Asset in Tightly Held Niagara Falls - #13
Rare Opportunity to Acquire 122-Key Multi-Residential Asset in Tightly Held Niagara Falls - #14
Rare Opportunity to Acquire 122-Key Multi-Residential Asset in Tightly Held Niagara Falls - #15
Rare Opportunity to Acquire 122-Key Multi-Residential Asset in Tightly Held Niagara Falls - #16
Rare Opportunity to Acquire 122-Key Multi-Residential Asset in Tightly Held Niagara Falls - #17
Rare Opportunity to Acquire 122-Key Multi-Residential Asset in Tightly Held Niagara Falls - #18
Rare Opportunity to Acquire 122-Key Multi-Residential Asset in Tightly Held Niagara Falls - #19
Rare Opportunity to Acquire 122-Key Multi-Residential Asset in Tightly Held Niagara Falls - #20

For Sale

$27,000,000 CAD

Good Income Profile with Strong Upside Potential and Tourist Commercial Zoning

122 unit, 5 storey plus 2 storey multi residential conversion from a hotel property with a separate restaurant building, currently vacant, that sits on an approx. 3.1 acre site with the potential for expansion.
The Property has recently been updated, with all main floor common areas renovated, new flooring, paint and interior lighting. . The Property offers a good complement of suites and desirable amenities, such as the lobby area, indoor pool, ample parking, and nearby shopping.
Potential for expansion. With the right buyer, there is a potential opportunity to expand the site to the south, which is in the process of being rezoned for high density. Future development of the approx. 20 acres surrounding land will transform the immediate area.
Area Size
No. Units 122
Total Acres 3.1
No. Parking spaces 196
No. Bachelor Units 114
No. 1 bedroom units 8