6104 GARNER ROAD, Niagara Falls (Forestview)

$3,700,000

For sale: Detached

Detached at 6104 GARNER ROAD, Niagara Falls (Forestview)
Property type
Detached
Bedrooms / bathrooms
8 bedrooms, 5 bathrooms
Living area
2,000 sqft
MLS®
MLS® X13629384
Neighbourhood
219 - Forestview

Investor Opportunity - 6104 Garner Road, Niagara FallsRare Shovel-Ready Development Site With Advanced Planning Approvals Already In Place For A Modern 6-Storey Residential Building With 57 Condo Units.Two High-Potential Strategies Available: 1. Market Condo Development - Construct And Sell (Or Hold) 57 Residential Units In A Growing Niagara Falls Corridor. With Key Approvals Progressing, You Can Move Efficiently Into Construction And Capture Strong Market Returns.2. Government-Supported Housing Route - Convert The Project Into Purpose-Built Rental Under Available Federal/Provincial Affordable Housing Programs. Eligible Projects Can Access Funding Covering Up To 95% Of Capital Costs. Build Once, Then Enjoy Reliable, Long-Term Rental Income For Life With Significantly Reduced Equity Outlay.The Heavy Planning Work Is Already Underway. A New Investor Can Step In, Complete The Process, Build, And Begin Generating Returns Quickly - Either Through Unit Sales Or Stable Cash-Flow Rentals.Located In A High-Growth Area Of Niagara Falls With Strong Demand Drivers And Future Secondary-Plan Expansion Nearby. Ideal For Investors Seeking Either Capital Appreciation Or Dependable Lifelong Income.This Is A True Dual-Path Opportunity: Build-To-Sell Or Build-To-Hold With Major Government Support.

Sold data

Detached homes in Niagara Falls (Forestview) — recent sold market

Detached homes in Niagara Falls (Forestview) took a median of 27 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 52, across 227 recorded sales.

The median sale price was $609,900.

Homes sold for about 2.9% below asking on average, so there was room to negotiate.

About 12% of sales closed above the list price.

Around 29% of sellers reduced their price before finding a buyer.

Median days to sell
27
Median sale price
$609,900
Sale-to-list ratio
97.1%
Sold above asking
12%

Based on 227 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Niagara Falls (Forestview)

Niagara Falls (Forestview) has 31 Fraser Institute–rated schools (26 elementary and 5 secondary), averaging 7.6/10.

Rated schools
31
Elementary
26
Secondary
5
Average rating
7.6 / 10

Top-rated schools in Niagara Falls (Forestview)

  • Kate S Durdanelementary, Niagara FallsFraser rating 10.0/10
  • Father Hennepinelementary, Niagara FallsFraser rating 9.9/10
  • St Vincent de Paulelementary, Niagara FallsFraser rating 9.9/10
  • Orchard Parkelementary, Niagara FallsFraser rating 9.8/10
  • Simcoe Streetelementary, Niagara FallsFraser rating 9.4/10
  • Heximer Avenueelementary, Niagara FallsFraser rating 9.3/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 6104 GARNER ROAD