6499 Lundys Lane, Niagara Falls, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of 215 - Hospital. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,500,000 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 225.75 x 106 ft lot size
- Convenient other garage included
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
**For Sale: Prime Commercial Property on Lundy's Lane, Niagara Falls** Unlock the potential of this exceptional commercial property, currently operating as a mechanic service shop. Situated on the most desirable street in Niagara Falls, Lundy's Lane, this property boasts four full bays with 10 x 10 bay doors, 26 feet long, along with a spacious office, making it ideal for a variety of business ventures. The highlight of this property is the **Zoning, (GC) General commercial!!** This zoning allows for a diverse range of businesses or developments. **Developable Footprint:** Approximately 24,000 sq. ft. available, with the potential for a 16,000 sq. ft. footprint for developments up to 12 meters high. **Usage Flexibility:** As of right, you can pursue full commercial or mixed-use commercial/residential options.**Environmental Confidence:** A record of site condition is available and has been diligently maintained with Oakhill Environmental, ensuring peace of mind regarding environmental factors. This property presents a fantastic opportunity, whether you're looking to continue its current use as a mechanic shop or capitalize on the highly sought-after developable site. Don't miss out on this chance to invest in a prime location with endless possibilities!
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Pricing & Value Insights
Data-driven valuation for 6499 Lundys Lane, Niagara Falls, ON L2G 1T9
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Niagara Falls, ON
For a property listed at $2,500,000 in Niagara Falls, the legal minimum down payment is $500,000 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 $48,975 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 $48,975.
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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.