$4,900,000
( $74.01Per Sq Foot )
 $26,304 est/mo Sourced by Back At You

5544 Mcleod Road,Niagara Falls, ON L2G 2E3

Niagara Falls, ON L2G 2E3

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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, mixed 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.

Details

MLS #X12686288
Listing TypeFor Sale
Sub-TypeResale
StatusExtension
Year0
Days On Site235
Listing Provided ByHIGH POINT REALTY LIMITED | X12686288 299000

Features

SQ Feet66,211
Acreage1.52

Interior

CoolingNo

Utilities

UtilitiesYes

Taxes

Tax Annual Amount31751
Tax TypeAnnual
Tax Year2025

Area Information

ProvinceON
CountyNiagara
CityNiagara Falls
Postal CodeL2G 2E3
Area220 Oldfield
Listing VS Median (in L2G 2E3)
Price:
$4,900,000
low | high
Med:
$4,900,000
50% of Average
sqft:
66,211
low | high
Med:
66,211
50% of Average
$ / sqft:
$74
low | high
Med:
$74
50% of Average
On site:
235
low | high
Med:
235
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceON
CountyNiagara
CityNiagara Falls
Postal CodeL2G 2E3
Area220 Oldfield
Listing VS Median (in L2G 2E3)
Price:
$4,900,000
low | high
Med:
$4,900,000
50% of Average
sqft:
66,211
low | high
Med:
66,211
50% of Average
$ / sqft:
$74
low | high
Med:
$74
50% of Average
On site:
235
low | high
Med:
235
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $3.675M - $6.125M
sqft: 49,500 - 82,500
Nearby Listings Property ImageNearby Listings Details
5587-5637 McLeod Road Property Photo 1
$6,500,000
5587-5637 Mcleod Road
Niagara Falls, ON L2G 3E4
Listing Updated: June 30, 2026 at 6:26:31 AM PDT