$3,400,000
For sale: Vacant Land

Rare opportunity in the heart of Niagara-on-the-Lake. This four-parcel land assembly comprises approximately 0.70 acres (30,290 sq. ft.) in one of Ontario's most celebrated destination communities. Available as a build-to-suit opportunity for an end-user or through acquisition of the complete assembly. Ideally located around the corner from the Pillar and Post Inn & Spa and surrounded by the renowned wineries, dining, hospitality, theatre and year-round attractions of Niagara wine country. An exceptional opportunity for investors, developers or end-users seeking a substantial landholding in a highly desirable and difficult-to-replicate location. Property is being sold under Power of Sale
Sold data
Homes in Niagara-on-the-Lake (Town) took a median of 42 days to sell over the last 90 days, with the quickest quarter selling within 24 days and the slowest quarter taking more than 75, across 95 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 91 days.
The median sale price was $975,000.
Homes sold for about 4.2% below asking on average, so there was room to negotiate.
About 4% of sales closed above the list price.
Around 26% of sellers reduced their price before finding a buyer.
Based on 95 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Niagara-on-the-Lake (Town) has 2 Fraser Institute–rated schools (2 elementary).
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

$3,499,850
Vacant LandNORTH SHAYNE AVENUE, 334 - Crescent Park, Fort Erie

$2,799,900
Vacant Land7797 LUNDYS LANE, 213 - Ascot, Niagara Falls

$3,288,000
Vacant Land390 GLENCAIRN AVENUE, Lawrence Park South, Toronto

$2,475,000
Vacant Land4921 SANN ROAD, 981 - Lincoln Lake, Lincoln

$4,000,000
Vacant Land4300 CEDAR SPRINGS ROAD, Rural Burlington, Burlington

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

$2,190,000
Vacant Land250 PHIPPS STREET, 332 - Central, Fort Erie

$4,000,000
Vacant Land5844 & 5912 AURORA ROAD, Rural Whitchurch-Stouffville, Whitchurch-Stouffville