$2,400,000

Investment For Sale In Chippawa / Rural, Niagara Falls (223 - Chippawa), Ontario

$2,400,000

Property Information:

**1.24 ACRES OF PRIME DEVELOPMENTAL LAND ZONED GC (GC ALLOWS FOR AIR BNB SHORT TERM RENTAL LICENCE + MANY OTHER COMMERCIAL USES) AND R2 IN THE HEART OF DOWNTOWN CHIPPAWA IN NIAGARA FALLS ADJACENT TO THE RIVER AND PROXIMAL TO THE FALLS AND TOURIST ATTRACTIONS!!** THIS AMAZING PARCEL INCLUDES A LARGE 2500+ SQFT TRIPLEX (70 FT FRONTAGE) + A 1000 SQFT BUNGALOW SITUATED ON A HUGE DOUBLE LOT (120 FT FRONTAGE) + AN EQUALLY SIZED DOUBLE LOT (120 FT FRONTAGE). THE STATUESQUE BRICK TRIPLEX HAS A ONE BEDROOM UNIT APPROXIMATELY 700 SQFT, A RENOVATED 2 BEDROOM, TWO STOREY UNIT APPROXIMATELY 1800 SQFT AND THE FULL MAIN FLOOR UNIT THAT INCLUDES THE BASEMENT THAT OFFERS 2 BEDROOMS, 2 BATHROOMS, 9 FT CEILINGS W/GORGEOUS ORIGINAL CHARACTER + HUGE DETACHED WORKSHOP THAT EASILY FITS 4 CAR PARKING. THE PARCEL ALSO INCLUDES THE DOUBLE WIDE LOT NEXT TO THE TRIPLEX AND THE 1000 SQFT, 2 BEDROOM BUNGALOW AT THE REAR OF THE PROPERTY THAT FRONTS ON WELLAND STREET. 3699 WELLAND STREET IS ALSO A DOUBLE WIDE LOT BOASTING A DETACHED BUNGALOW W/D9 FT CEILINGS, TWO BEDROOMS, 1 BATHROOMAND CITY SERVICES. THE POSSIBILITIES ARE ENDLESS AS THE PROPERTY FRONTS ON TWO MAIN STREETS IN THE HEART OF THIS CITY CENTRE. (id:7525)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Basement Development: Partially finished
  • Basement Type: Full
  • Exterior Finish: Aluminum siding, Brick
  • Foundation Type: Block
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 7
  • Bathrooms: 4
  • Amenities Nearby: Park, Public Transit, Schools
  • Features: Irregular lot size, Conservation/green belt
  • Irregular: Yes
  • Lot Depth: 354.5 Feet
  • Lot Frontage: 190.6 Feet
  • Lot Size: 190.6 x 354.5 FT
  • Zoning: R2, GC
  • Sewer: Sanitary sewer
  • Parking Type: Detached garage
  • No. of Parking Spaces: 14

Courtesy of: Royal LePage NRC Realty

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