3779 Macklem Street, Niagara Falls, ON

$2,799,000
MLS#:X12945886
0 beds
0 baths
Commercial
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Property Highlights

Welcome to this remarkable land located in the coveted neighborhood of 223 - Chippawa. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,799,000 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 145 x 316 ft lot size

Description

An exceptional opportunity to acquire a multi-residential development site at 3779 Macklem Street in Niagara Falls. The property spans approximately 1.14 acres and is strategically located in the established Chippawa community, offering proximity to the Welland River, Portage Road, and key transportation routes. The surrounding area features a mix of residential and commercial uses, supporting long-term growth and livability. The site is zoned Residential Apartment 5C Density Zone (R5C), permitting multi-residential development including apartment dwellings. Construction has commenced on a planned five-storey condominium consisting of 51 residential units with a mix of one to three-bedroom layouts, along with underground parking and amenity space. The development has been fully approved and is currently underway, providing a significant head start for a purchaser looking to complete the project either as a condo or rental development. The site offers approximately 145 feet of frontage and 316 feet of depth, with access to municipal services including water, sewer, and hydro. Located approximately 3 km from Niagara Falls' tourist district and within close proximity to local amenities, this property is well-positioned to benefit from ongoing regional demand for multi-residential housing. The proposed project includes modern design features, efficient unit layouts, and amenities aligned with current market expectations.Property is being sold on an "as-is, where-is" basis. No representations or warranties are made by the seller or listing brokerage. Buyer to perform their own due diligence with respect to zoning, approvals, development status, and all other aspects of the property.

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Key Features

Property Type
Commercial

Additional Details

StatusSold Conditional
Listed Date4/1/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeLand
Lot Size145 × 316 Feet
CountyNiagara
Annual Tax$9,885.7
Legal DescriptionPt Lt 37 E/S Bridgewater St Pl 251 Village of Chippawa; Pt Lt 5 E/S Bridgewater St Pl 251 Village of Chippawa; Pt Lt R. A. N/S Macklem St Pl 251 Village of Chippawa as in RO654982; Niagara Falls

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Features

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Location

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3779 Macklem Street, Niagara Falls, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 3779 Macklem Street, Niagara Falls, ON L2G 6C8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Niagara Falls.

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Interest Rate5.25%
Down Payment$559,800 (20.0%)
* Minimum Canadian down payment required for this price is $559,800.
Amortization Period25 Years
Estimated Monthly Payment$13,344Based on a loan of $2,239,200 over 25 years.
Purchase Price$2,799,000
Loan Amount$2,239,200
Provincial Land Transfer Tax:$56,450
Total Estimated Closing Taxes:$56,450

About Purchasing a Home in Niagara Falls, ON

For a property listed at $2,799,000 in Niagara Falls, the legal minimum down payment is $559,800 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 $56,450 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 $56,450.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Niagara Falls.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$800,798

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Princess Margaret
Public6624 Culp Street, Niagara Falls, Ontario, L2G 2C4
8.5
Our Lady of Mount Carmel
Public6525 Carlton Avenue, Niagara Falls, Ontario, L2G 5K4
6.3
Greendale
Public5504 Montrose Road, Niagara Falls, Ontario, L2H 1K7
7.9
LaMarsh
Public4571 Drummond Road, Niagara Falls, Ontario, L2E 6C8
5.3
Cherrywood Acres
Public4635 Pettit Avenue, Niagara Falls, Ontario, L2E 6L4
6.8

Secondary Schools

Stamford
Public5775 Drummond Road, Niagara Falls, Ontario, L2G 4L2
5.3
Westlane
Public5960 Pitton Road, Niagara Falls, Ontario, L2H 1T5
6.3

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.