This property is a Freehold, offering a total of 7 parking spaces. The potential for redevelopment is evident, with the option to either redevelop now or rent and redevelop later. The zoning for this property is R5B, and it boasts a south-facing, bright, and spacious lot with 104.94 feet in the front and 209.88 feet in the back, totaling 22,024 square feet. This presents an excellent opportunity to purchase the property and build a multiplex in the heart of Niagara Falls, just steps away from the famous attraction.
With the potential to build at least 3 floors, this property offers a big opportunity for income and redevelopment. The 1.5 storey detached bungalow house features 3 bedrooms on the main floor, 2 bedrooms on the upper floor, and 3 bedrooms in the basement apartment. The property is within walking distance from Niagara Falls and is currently for sale.
It sits on a land size of 104.95 x 209.88 feet, totaling 22,024.80 square feet, and is located at 6566 Drummond Rd in the city of Niagara Falls, Ontario, with a postal code of L2G4N7. The property features a total of 2 bathrooms, 5 bedrooms above ground, and 3 bedrooms below ground, making a total of 8 bedrooms. The basement has a separate entrance and is set up as an apartment. The construction style is detached, with a brick exterior finish and natural gas heating using forced air. The property is a 1.00 story house.
