8699 Stanley Avenue, Niagara Falls, ON
Property Highlights
Welcome to this remarkable industrial located in the coveted neighborhood of 221 - Marineland. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $17,000,000 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 500 x 947 ft lot size
- Convenient outside/surface garage included
- equipped with partial central cooling and highly efficient radiant heating
Description
Existing Tenant occupies 73,005 sq ft approximately at net $10.75 sq ft, generating $784,803 net annually, there is another 51,000 sq ft available for lease at $12.00 net with the potential of earning another $600,000 net for a potential total of $1,375,000 approximately pushing the cap rate to 8%. In addition to the great cap rate there is another 3 surplus acres to expand (50,000sq ft +) on if needed. There is additional 10 acres (serviced) available to purchase at $3,500,000 adjacent to the existing site. Both sites are environmentally clean.
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Parking & Garage
Heating & Cooling
Features
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Interior Features
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Yes
Community Features
Greenbelt/Conservation, Major Highway
Location
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 8699 Stanley Avenue, Niagara Falls, ON L2G 0E1
Based on 0 recent similar sales in the pocket.
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 $17,000,000 in Niagara Falls, the legal minimum down payment is $3,400,000 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 $411,475 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 $411,475.
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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.