$998,000
For sale: Vacant Land

Location ! Location ! Location ! Rarely Offered Great Investment Opportunity, 16000 SF Vacant Land Located in Down Town Niagara Falls. Righ Beside Queen Street District, Steps to Public Library, LCBO and Various Restaurants. Less Than 10 Mins Drive to Rainbow Bridge, Niagara Falls Attractions and Casino. The Land's Zoning Classification is GC (General Commercial), Which Means It Can Convert to Hospitality & Accommodations, Restaurants, Medical & Professional Clinics and Much More. Ontario Has Launched a Major Development Plan Called * Destination Niagara * Which Aims To Transform the Niagara Falls Area into A World -Class Tourist Destination. Building More Casinos / Theme Park / Improving Transportation. This Plan Will Attract More Tourists ( from 13 Million to 25 Million ). This Piece of Land Will See Greater Business Opportunities.
Sold data
Homes in Downtown took a median of 38 days to sell over the last 365 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 74, across 72 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 74 days.
The median sale price was $419,950.
Homes sold for about 5.0% below asking on average, so there was room to negotiate.
About 6% of sales closed above the list price.
Around 35% of sellers reduced their price before finding a buyer.
Based on 72 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Niagara Falls (Downtown) 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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