4
$4,900,000 Sale
Listed 273 days ago
5544 Mcleod Road
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Listing History
Buy/Sell/Terminated/Expired listing history for 5544 Mcleod Road
Key Facts
Key facts for 5544 Mcleod Road
Property Type
Commercial
Parking
Outside/Surface
MLS #
X12686288
Size
-
Basement
-
Listed on
2026-01-12
Lot size
324 x 210.0
Tax
$31,751 /yr
Days on Market
274
Approximate Age
-
Maintenance Fee
-
Description
POWER OF SALE! In the heart of Niagara Falls vibrant tourist district. This high profile 1.52 acre corner site offers exceptional redevelopment potential in one of Canada's most visited destinations. Zoned Tourist Commercial, the property permits a wide range of uses including hotel, residential, m...ixed use, retail and tourism related development. Improved with a vacant non operating two storey motel containing 23 guest rooms plus a three bedroom manager's residence in need of rejuvenation, presenting either a restoration and expansion opportunity or a complete redevelopment play. Premier of Ontario and the City of Niagara Falls have a long term vision for intensification in the Tourist Core. The property offers the potential to pursue a hotel, mid rise or high rise rezoning for greater density and height, subject to municipal approvals. Strategically located at the busy gateway intersection of Stanley Avenue and McLeod Road, between Marineland and the established hotel and entertainment core, the site benefits from outstanding exposure and accessibility. It is minutes to Fallsview Casino, Horseshoe Falls, Clifton Hill, major attractions, the QEW highway, GO Transit and the U.S. border via the Rainbow Bridge. This is a rare chance to secure a significant redevelopment site in a tightly held tourist market with strong fundamentals, offered under Power of Sale! Property being sold by the mortgagee in "as-is, where-is" condition.
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Courtesy of: HIGH POINT REALTY LIMITED