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Rohit Rangwani

 Sales Representative
HomeLife G1 Realty Inc., Brokerage Independently owned and operated. Unit# 202, 2260 Bovaird Dr. East, Brampton, Ontario L6R 3J5 Cell: 647-885-7849Office: 905-793-7797Fax: 905-593-2619

$1,999,000
Available - For Sale
Listing ID: X9414928
5329 FERRY St , Niagara Falls, L2G 1R8, Ontario


INDCLUDES .441 ACRES ZONED TOURIST COMMERCIAL TC-075 Zoning and Site Plan approved for 27 upscale apartment units, designed as a condominium development All required site reports & studies completed **** Building Demolition completed THIS DEVELOPMENT IS FOR SALE TO A BUILDER/INVESTOR SITE PLAN APPROVED MADE EFFECTIVE 11 APRIL 2023 DEFINITION PARAGRAPH 1-G Lands to construct a 4-storey mixed use development with a cafe/restaurant on the main floor and 27 residential units on floors 2, 3 and 4 and a roof top patio, as provided by the Seller.
Price $1,999,000
Taxes: $22396.40
Assessment: $670000
Assessment Year: 2024
Occupancy by: Vacant
Address: 5329 FERRY St , Niagara Falls, L2G 1R8, Ontario
Postal Code: L2G 1R8
Province/State: Ontario
Legal Description: PT LT 1 N/S LUNDY'S LANE PL 653 ABSTRACT
Lot Size: 62.15 x 132.09 (Acres)
Directions/Cross Streets: STANLEY AVENUE TO FERRY STREET
Total Area: 0.00
Total Area Code:  Sq Ft
Soil Test: N
Sewers: Sanitary
Water: Municipal
Schools

7 public & 7 Catholic schools serve this home. Of these, 9 have catchments. There is 1 private school nearby.

Parks & Rec

2 ball diamonds, 2 playgrounds and 2 other facilities are within a 20 min walk of this home.

Transit

Street transit stop less than a 1 min walk away. Rail transit stop less than 3 km away.

Click here to see virtual Tour
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$ /Year
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$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $99,950 $199,900 $299,850 $399,800
First Mortgage $1,899,050 $1,799,100 $1,699,150 $1,599,200
CMHC/GE $75,962 $55,772.1 $47,576.2 $0
Total Financing $1,975,012 $1,854,872.1 $1,746,726.2 $1,599,200
Monthly P&I $9,746.33 $9,153.46 $8,619.78 $7,891.76
Expenses $0 $0 $0 $0
Total Payment $9,746.33 $9,153.46 $8,619.78 $7,891.76
Income Required $365,487.27 $343,254.69 $323,241.67 $295,941.11

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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Years
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE NRC REALTY
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Rohit Rangwani
Sales Representative
Dir:
647-885-7849
Bus:
905-793-7797
Fax:
905-593-2619
 
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At a Glance:
Type: Com - Land
Area: Niagara
Municipality: Niagara Falls
Neighbourhood: 214 - Clifton Hill
Style:
Lot Size: 62.15 x 132.09(Acres)
Approximate Age:
Tax: $22,396.4
Maintenance Fee: $0
Beds:
Baths:
Garage: 0
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647-885-7849

   

905-793-7797