$2,899,000
For sale: Vacant Land

Approved 43-unit stacked townhouse development opportunity in one of Niagara Falls' fastest-growing corridors. Designed across three multi-level buildings, this project delivers a modern mix of lower, ground, and upper-level units crafted for today's demand for attainable, efficient living. Situated in a prime location with easy access to the QEW, it is within minutes of major retail hubs (Costco, Walmart, Niagara Square), schools, parks, and the main tourism core. This site presents a rare opportunity to skip major planning and design milestones. With permits nearly in place, you will be breaking ground in no time!
Sold data
Homes in Arad Fallsview took a median of 24 days to sell over the last 365 days, with the quickest quarter selling within 10 days and the slowest quarter taking more than 52, across 54 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 42 days.
The median sale price was $504,950.
Homes sold for about 4.2% below asking on average, so there was room to negotiate.
About 9% of sales closed above the list price.
Around 30% of sellers reduced their price before finding a buyer.
Based on 54 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 (Arad/Fallsview) 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

$2,550,000
Vacant Land1367 NIAGARA STONE ROAD, 108 - Virgil, Niagara-on-the-Lake

$3,700,000
Vacant Land2800 STEVENSVILLE ROAD, 328 - Stevensville, Fort Erie

$3,999,999
Vacant LandV/L LUNDYS LANE, 219 - Forestview, Niagara Falls

$1,990,000
Vacant Land51 NIAGARA STREET, 772 - Broadway, Welland

$2,950,000
Vacant Land1016-1018 WATERDOWN ROAD, Bayview, Burlington

$2,750,000
Vacant Land2203 NIAGARA STONE ROAD, 101 - Town, Niagara-on-the-Lake

$2,799,000
Vacant Land3779 MACKLEM STREET, 223 - Chippawa, Niagara Falls

$2,000,000
Vacant Land342-346 WEST STREET, Brantford