12880 Ort Road, Niagara Falls, ON
Property Highlights
Welcome to this remarkable land located in the coveted neighborhood of 224 - Lyons Creek. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $4,890,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 1000 x 832 ft lot size
Description
Welcome to 12880 Ort Rd, a rare opportunity to acquire a sizable parcel of undeveloped land in the growing area of Niagara Falls. This property sits in a prime location for future growth, poised to benefit from major regional infrastructure and planning developments. Strategic Location: Nestled near the QEW highway, offering superior connectivity and increasing regional accessibility. This infrastructure is expected to dramatically improve transportation routes between Niagara Falls, the U.S. border, and the Greater Toronto Area (GTA).Future Employment Area: As designated in the Niagara Region Official Plan, this property is situated within a Future Employment Area zoned for long-term economic development. This signals strong potential for commercial, industrial, or mixed-use investment as the area transitions from rural to urban land use. Lot Type: Currently vacant land, offering a blank slate for developers or investors looking to position themselves ahead of Niagara's next wave of growth. Low Holding Costs: With property taxes around $4,000/year, its an affordable holding asset with high upside potential. Accessibility & Amenities: While the area remains largely car-dependent today, its proximity to schools, existing roadways, and planned infrastructure makes it a future-forward location for residential, industrial, or commercial uses. To be sold together with other 2 adjacent parcels of land
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Pricing & Value Insights
Data-driven valuation for 12880 Ort Road, Niagara Falls, ON L0S 1K0
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About Purchasing a Home in Niagara Falls, ON
For a property listed at $4,890,000 in Niagara Falls, the legal minimum down payment is $978,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $108,725 for this transaction. As this listing is in Niagara Falls (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $108,725.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.