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$2,499,000
Available - For Sale
Listing ID: X8079630
Welcome to the "Niagara Gorgeview Inn" a Remodeled Purpose Built Waterview Investment Property for the Savvy Investor, looking to break into the lucrative Niagara Hospitality Industry. Just over 4200 SF. of Brand New Living Space. Currently at Electrical Stage. The Main Level features a Guest Lounge with Fireplace and W/O to Front Balcony with Spectacular Views of the Gorge/River plus a 2 Room Conference Area w/ Full Kitchen Facilities and a Wheelchair Accessible Washroom, plus access to the Rear Garden Patio w/BBQ Area. The Upper 2nd & 3rd Floors each have 2 Spacious Double (2 Bedroom, 2 Bath)Suites w/Exterior Balconies off every Bedroom. The Basement is a self contained, 1 Bedroom Apartment suitable for an Owner Operator or additional Rental Income for your Investment.
Extras:   The Owner is in the process of completing a Full Renovation and working with the City Authorities for Final Designation of House & Business. Closing Date depends on Construction Schedule/Approvals. See Sch "D" Approx Closing Late April 2024
Price $2,499,000
Taxes: $3,475
Tax Type: Annual
Occupancy by: Vacant
Address: 5427 River Rd , Niagara Falls, L2E 3H1, Ontario
Postal Code: L2E 3H1
Province/State: Ontario
Legal Description: Large Single Family Detached 4 Level Hom
Lot Size: 50 x 130 (Feet)
Directions/Cross Streets: River Rd./Philip Street
Zoning: Commercial / Res
Category: Accommodation
Use: Bed & Breakfast
Building Percentage: Y
Total Area: 6,522
Total Area Code:  Sq Ft
Office/Appartment Area: 4199
Office/Appartment Area Code: Sq Ft
Approximatly Age: 51-99
Sprinklers: Y
Crane: N
Heat Type: Gas Forced Air Open
Central Air Conditioning: Y
Elevator Lift: None
Sewers: San+Storm
Water: Municipal
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
KELLER WILLIAMS REFERRED URBAN REALTY

5427 River Rd , Niagara Falls, L2E 3H1, Ontario


 
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Type: Com - Investment
Area: Niagara
Municipality: Niagara Falls
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Lot Size: 50.00 x 130.00(Feet)
Approximate Age: 51-99
Tax: $3,475
Maintenance Fee: $0
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