$839,000

Investment For Sale In Westlane, Niagara Falls (Marineland), Ontario

$839,000

Property Information:

Industrial-Zoned Income Property with Multiple Self-Contained Units - Rare Find! Exceptional Investment Opportunity on a 50 x 235 ft Private Lot with Industrial Zoning and No Rear Neighbours. This Unique Property Offers Multiple Rental Units, Future Redevelopment Potential, and a Quiet Country Setting Just 5 mins to the QEW and Niagara Falls Amenities. Main Residence: Bright Living Area with Walkout to Large Deck, Functional Kitchen, Separate Dining Room, 1 Bedroom and 3-pc Bath on Main Floor. Upper Level Unit: Private Entrance, 1 Bedroom, 4-pc bath, Kitchenette and Living Room - Ideal for Rental or In-Law Suite. Basement: Finished with Additional Bedroom, Laundry, Ample Storage and Separate Walk-Out Entrance for Added Flexibility. Auxiliary Dwelling (Rear of Property):Fully Self-Contained with 3 Bedrooms + Den, 1 Full Bath, Open-Concept Kitchen/Living Area, Private Deck and Fenced Side Yard - A Strong Income-Generating Unit. Bonus Features: Industrial Zoning - Future Potential for Contractor Use, Workshop, or Commercial Yard. Detached 3-car Garage - Ideal for Storage, Home Business or Hobby Space. Multiple Entry Points & Private Unit Access - Strong Configuration for Rental Income or Extended Family Living. Live, Rent, Operate, or Hold - This Property Offers Immediate Income with Long-Term Upside in a High-Growth Corridor. Properties with this Zoning and Configuration are Rarely Available. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Air Conditioning: Yes
  • Floor Space: 11797 sqft
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned
  • Appliances: Dryer

Property Features:

  • Property Type: Multi-family
  • Floor Space (approx): 11797 Square Feet
  • Irregular: Yes
  • Lot Depth: 235.0 Feet
  • Lot Frontage: 50.0 Feet
  • Lot Size: Bldg=50 x 235 FT
  • Zoning: GI 55
  • No. of Parking Spaces: 3

Courtesy of: Sutton Group Quantum Realty Inc., Brokerage

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.