$1,299,000
For sale: Vacant Land

Prime development opportunity in a desirable Niagara Falls neighbourhood close to great schools, parks, shopping necessities and highway access. This 0.831-acre parcel offers approved plans to build five (5) detached vacant land condominium units, ideal for bungalow or bungaloft designs. The approved concept includes the creation of an 41.95 ft. x 94 ft. building lot, that fronts onto St. John St on the Eastern edge of the property - see the attached siteplan. The total parcel measures 83.65 feet of frontage on St. John Street with a depth of approximately 296 feet, expanding to a maximum width of 156 feet, allowing for a well-designed, low-density residential development. The successful purchaser will be required to proceed with either a Plan of Subdivision or Plan of Condominium with the City of Niagara Falls. **Seller will assist with finance. Visit the REALTOR website for further information about this Listing.
Sold data
Homes in Niagara Falls (Stamford) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 54 days.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 (Stamford) 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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