$4,990,000

5544 Mcleod Road, Niagara Falls, ON L2G 2E3

220 - Oldfield, Niagara Falls,

| | sq.ft. |

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Power of Sale opportunity in the heart of Niagara Falls vibrant tourist district. This high-profile 1.5-acre corner property offers exceptional redevelopment potential with Tourist Commercial zoning allowing for a range of uses including hotel, residential, mixed-use, and retail. The site consists of a vacant two-storey, 23-room motel and an adjacent vacant parcel, providing a generous footprint for future development. Conceptual plans propose a 22-storey mixed-use tower featuring approximately 245 residential units above a commercial podium, aligning with the Cities vision for intensification in this prime area. The property is situated at the busy intersection of McLeod Road and Stanley Avenue, just minutes from major attractions such as, Fallsview Casino, Horseshoe Falls, and Clifton Hill, with excellent access to the QEW highway, GO Transit, and the U.S. border via the Rainbow Bridge.. This is a rare chance to secure a significant redevelopment site in one of Canadas most visited tourist destinations, available under Power of Sale.

Property Info
MLS®: X12229403
Listing Courtesy of VANGUARD REALTY BROKERAGE CORP.
Floor Space 2 sq.ft.
Lot Size 38888 sq.ft.
Last Updated 2025-06-18
Property Type Commerece
Listed Price $4,990,000
Unit Pricing $2,495,000/sq.ft.
Tax Estimate $20,340/Year
More Details
Water Supply Municipal
Summary
    Location and General Information
  • HoldoverDays: 90
  • Property Type: Commercial
  • Property Sub Type: Investment
  • GarageType: Outside/Surface
  • Directions: Stanley is a main street in Niagara Falls
  • Taxes and HOA Information
  • Tax Year: 2024
  • Parking
Interior and Exterior Features
    Bathrooms Information
    Interior Features
  • Cooling: No
  • HeatType: None
  • Exterior Features
Property
    Utilities
    Property and Assessments
  • Building Area Total: 1.52
  • Building Area Units: Acres
  • Lot Information
  • Parcel Number: 643760143
  • LotSizeUnits: Feet
  • LotDepth: 188.95
  • LotWidth: 205.81
  • Others
Sold History
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