LOT 23 OAKWOOD DRIVE, Niagara Falls (Arad/Fallsview)

$1,750,000

For sale: Vacant Land

Vacant Land at LOT 23 OAKWOOD DRIVE, Niagara Falls (Arad/Fallsview)
Property type
Land
MLS®
MLS® X13874716
Neighbourhood
217 - Arad/Fallsview

Excellent commercial development opportunity in South Niagara Falls. 2 acres of prime industrial land located at the corner of McLeod Road & Oakwood Drive, next to the QEW. This property is minutes from new developments and adjacent to the future site of the South Niagara Hospital- just one exit away. Zoned light industrial, the site allows for a variety of commercial and industrial uses- manufacturing, car wash, car rental, commercial bakery, lab, laundry, machine shop, public garage, autobody, mechanic, trucking, warehouse, cold storage plant, new/used car lot, wholesale and more. So many options making it ideal for businesses looking for maximum exposure and quick highway access. 500 metres from Walmart, near Lowes, Costco and major retailers, at the centre of Niagara's largest commercial hub.

Sold data

Homes in Arad Fallsview — recent sold market

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 42 days.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.

Median days to sell
24
Median sale price
$504,950
Sale-to-list ratio
95.8%
Sold above asking
9%

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

Schools in Niagara Falls (Arad/Fallsview)

Niagara Falls (Arad/Fallsview) 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 (Arad/Fallsview)

  • 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 LOT 23 OAKWOOD DRIVE