$449,999
For sale: Vacant Land

Attention builders, developers, and investors. Rare vacant land opportunity in a prime Niagara Falls location. The property has been successfully rezoned to permit the construction of a semi-detached dwelling, creating an excellent opportunity for redevelopment.The existing structure has been demolished, offering a clean slate for your next project. Zoning approvals are in place for a semi-detached home; however, buyers are advised to complete their own due diligence regarding building permits, development fees, servicing, and any additional municipal requirements.Property is being sold as-is, where-is. A fantastic opportunity to secure a development-ready lot in a growing residential area.
Sold data
Homes in Niagara Falls (Morrison) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 54 days.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 (Morrison) 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.
Currently for sale

$399,999
Vacant Land7521 SHERRILEE CRESCENT, 222 - Brown, Niagara Falls

$375,000
Vacant Land113 ACACIA ROAD, 662 - Fonthill, Pelham

$375,000
Vacant Land3779 V/L FARR AVENUE, 330 - Bertie Ridge, Fort Erie

$485,000
Vacant LandV/L CENTRALIA AVENUE N, 335 - Ridgeway, Fort Erie

$375,000
Vacant Land31810 JACOB LANE, 879 - Marshville/Winger, Wainfleet

$450,000
Vacant Land2441 COLANGELO DRIVE, 206 - Stamford, Niagara Falls

$349,900
Vacant Land156 KINGSWAY, 774 - Dain City, Welland

$399,900
Vacant Land0 NIAGARA BOULEVARD, 332 - Central, Fort Erie