7742 LUNDYS LANE, Niagara Falls (West Wood)

$1,499,000

For sale: Other

Other at 7742 LUNDYS LANE, Niagara Falls (West Wood)
Property type
Sale Of Business
MLS®
MLS® X13724700
Neighbourhood
218 - West Wood

Invest Where the World Comes to Visit.An outstanding opportunity to own a 10-room motel with a spacious 3-bedroom owner's residence featuring a finished basement with a separate entrance, all situated in a prime Niagara Falls location. Whether you're an investor or an owner-operator, this property offers the perfect combination of business potential and comfortable living.Property Highlights:10-room motel with excellent income potential.3-bedroom owner's home with a finished basement and separate entrance.Prime location in the heart of Niagara Falls.Excellent investment opportunity-be your own boss!Minutes to the QEW, Niagara Falls, casinos, Clifton Hill, and major tourist attractions.Close to shopping centres, restaurants, schools, and everyday amenities.No neighbours behind-backs onto a park, providing added privacy and a pleasant setting.Ample on-site parking for guests and owners.An exceptional opportunity to own a hospitality business in one of Canada's most visited tourist destinations.

Sold data

Homes in Niagara Falls (West Wood) — recent sold market

Homes in Niagara Falls (West Wood) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 54 days.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.

Median days to sell
31
Median sale price
$599,000
Sale-to-list ratio
96.8%
Sold above asking
13%

Based on 307 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Niagara Falls (West Wood)

Niagara Falls (West Wood) 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 (West Wood)

  • Kate S Durdan — elementary, Niagara FallsFraser rating 10.0/10
  • Father Hennepin — elementary, Niagara FallsFraser rating 9.9/10
  • St Vincent de Paul — elementary, Niagara FallsFraser rating 9.9/10
  • Orchard Park — elementary, Niagara FallsFraser rating 9.8/10
  • Simcoe Street — elementary, Niagara FallsFraser rating 9.4/10
  • Heximer Avenue — elementary, Niagara FallsFraser rating 9.3/10

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

Currently for sale

Homes for sale near 7742 LUNDYS LANE