Niagara-on-the-Lake, Town, L0S 1J0
$899,000$000000
Listed by RE/MAX NIAGARA REALTY LTD..
Solid bungalow with commercial zoning, a separate basement entrance and delightful private landscaped backyard. Perfect for commercial or upscale multi-residential or commercial development if/when purchased in conjunction with 314 Mary Street and 475 BUTLER ST: 475 Butler is a great two bed home with garage and currently zoned residential with a potential zoning change in the proposed town plan and 314 Mary is an Adorable 2- bedroom cottage also with commercial zoning, nestled at the corner of Butler and Mary. Conveniently located near amenities, shops, and wineries, this property offers excellent potential for businesses seeking high visibility and if purchased all together, makes for an approximately 120’ x 180’ lot. The commercial zoning (of 2) provide opportunities for various ventures. Niagara on the Lake's rich history, natural beauty, and world-class wineries attract visitors year-round, offering a promising market for commercial enterprises. Seize this opportunity to make your mark in this sought-after location. This is a Prime Development Opportunity! THREE exceptional properties available for investors: Consider the following potential uses: a Boutique Hotel to cater to the tourist traffic, a mixed-use building that combines commercial spaces on the ground floor, with residential units on the upper floors, Condominiums or Townhouses: Develop residential properties to meet the housing needs of the area or possibly even a Senior Living Community to provide housing and care services for the elderly population. In the meantime, enjoy THREE great homes on the property: buyer to do their own due diligence.
Dryer,Refrigerator,Stove,Washer
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Living Room
Dining Room
Kitchen
Bedroom Primary
Bedroom
Bedroom
Basement
Utility Room
Storage
The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.
