6484 Lundy's Lane, Niagara Falls, ON
Property Highlights
Welcome to this remarkable investment located in the coveted neighborhood of 216 - Dorchester. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $4,950,000 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 88.63 x 374.22 ft lot size
- Convenient outside/surface garage included
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
A unique opportunity to acquire a fully leased, high-exposure, two-unit retail asset along Niagara Falls' prominent Lundy's Lane corridor next to a national grocery anchor. The tow-unit property is anchored by Rexall, a nationally recognized pharmacy tenant providing stable, necessity-based traffic, the property is complemented by Offside Cannabis, enhancing the overall income profile.Total building area is approximately 12,071 square feet, comprised of Rexall (9,506 sf) and Offside Cannabis (2,565 sf). This two-tenant configuration offers investors a simple, durable cash flow stream with minimal management requirements.Exceptionally positioned property within the larger unique plaza property, the units are "positioned in-line" between a high-volume No Frills grocery anchor and adjacent retail, benefiting from a natural flow of daily consumer traffic. The plaza itself is strategically located within a well-established commercial node on Lundy's Lane, between Drummond Road and Dorchester Road, serving both local residents and Niagara's tourism base.The property benefits from strong visibility, consistent vehicular traffic, and long-term retail relevance. Details available upon execution of an NDA.
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Pricing & Value Insights
Data-driven valuation for 6484 Lundy's Lane, Niagara Falls, ON L2G 1T6
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About Purchasing a Home in Niagara Falls, ON
For a property listed at $4,950,000 in Niagara Falls, the legal minimum down payment is $990,000 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 $110,225 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 $110,225.
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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.