$3,700,000
Est. payment $16,383/moCalculate yours
6104 Garner Road, Niagara Falls, ON L2E 6S4
219 - Forestview, Niagara Falls, ON L2E 6S4
- 6 + 2 Beds
- 5 Baths
- 2 Garage
- 1,500 Sq Ft
Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY MLS® X13629384
About this home
Investor Opportunity - 6104 Garner Road, Niagara FallsRare Shovel-Ready Development Site With Advanced Planning Approvals Already In Place For A Modern 6-Storey Residential Building With 57 Condo Units.Two High-Potential Strategies Available: 1. Market Condo Development - Construct And Sell (Or Hold) 57 Residential Units In A Growing Niagara Falls Corridor. With Key Approvals Progressing, You Can Move Efficiently Into Construction And Capture Strong Market Returns.2. Government-Supported Housing Route - Convert The Project Into Purpose-Built Rental Under Available Federal/Provincial Affordable Housing Programs. Eligible Projects Can Access Funding Covering Up To 95% Of Capital Costs. Build Once, Then Enjoy Reliable, Long-Term Rental Income For Life With Significantly Reduced Equity Outlay.The Heavy Planning Work Is Already Underway. A New Investor Can Step In, Complete The Process, Build, And Begin Generating Returns Quickly - Either Through Unit Sales Or Stable Cash-Flow Rentals.Located In A High-Growth Area Of Niagara Falls With Strong Demand Drivers And Future Secondary-Plan Expansion Nearby. Ideal For Investors Seeking Either Capital Appreciation Or Dependable Lifelong Income.This Is A True Dual-Path Opportunity: Build-To-Sell Or Build-To-Hold With Major Government Support.
Property details
Overview
- Property Type
- Detached
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Approximate Age
- 0-5
- Size
- 1,500 sqft
Interior
- Bedrooms
- 6 + 2
- Bathrooms
- 5
- Kitchens
- 2
- Basement
- Apartment, Separate Entrance
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Metal/Steel Siding, Brick Front
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Septic
Lot & Parking
- Lot Size
- 200 x 217.8 Feet
- Parking
- Attached garage · 8 total
Financial
- Property Taxes
- $9,182 (2026)
Location
- Neighbourhood
- 219 - Forestview
- Cross Street
- Garner Rd & McLeod Rd
- Direction Faces
- East
Listing
- MLS® Number
- X13629384
- Days on Market
- 78
- Listed On
- 2026-08-01
- Possession
- Flexible
- Listed By
- ROYAL LEPAGE SIGNATURE REALTY
Features
Interior
- Other
Pool
- Inground
- Rental items
- HWT
Mortgage calculator
Estimated mortgage payment
$16,383 per month
- Principal and interest
- $16,383
- Property tax
- $765
- Condo fees
- $0
- Estimated monthly cost
- $17,148
Your mortgage
- Mortgage amount
- $2,960,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $1,954,840
Cash to close
- Down payment
- $740,000
- Land transfer tax
- $78,975
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $818,975
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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