$1
For sale: Vacant Land

An exceptional opportunity exists to acquire and develop a land parcel (3.2+/- acres) strategically located within the Niagara Falls hotel Entertainment and Tourism Core with elevation views to Niagara Falls, one of Canada's most visited destinations (14 + Million visitors annually). The site is ideally suited for high-rise hotels integrated with branded condo residences, capitalizing on tourism, international brand recognition, and strong investor demand. This development concept aligns with Niagara Falls' evolution toward luxury hospitality, experiential tourism, and branded residential offerings. Location Highlights: Prime Location with Niagara Falls views and frontage on Stanley Avenue providing good access. It is located a very short distance from Marine Land at the southern entrance of the Entertainment and Tourism Core. The site is within walking distance to attractions including Marine Land, the OLG Theatre, the Fallsview District, the Niagara Falls Convention Centre and the Fallsview Casino Resort. Ideal for a Hotel + Branded Condo Residences Model; this site appeals to: International Hotel/Resort + Condo Developers and International investors. Conceptual plans envision pursuing development approvals for two towers (35 stories each) containing approx 1,500 hotel/residential units over a shared retail and parking podium. Ancillary components may include: a signature restaurant and rooftop lounge observation deck.. Spa / wellness facilities; Meeting & event space. Retail or experiential ground-floor uses. ite outright or in part through a severance consent or plan of condo process. A VTB maybe available to a qualified Buyer. There might be a future opportunity to pursue a Casino License if Province opens the market. The List Price of this property for one dollar does not legally require the seller to sell it for that price, as it is considered an"invitation to treat" rather than a binding offer. The property is being sold via a competitive bidding process
Sold data
Homes in Niagara Falls (Oldfield) took a median of 31 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 56, across 307 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 54 days.
The median sale price was $599,000.
Homes sold for about 3.2% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 31% of sellers reduced their price before finding a buyer.
Based on 307 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Niagara Falls (Oldfield) has 31 Fraser Institute–rated schools (26 elementary and 5 secondary), averaging 7.6/10.
School ratings from the Fraser Institute's Ontario school report cards.
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