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Home ON St. Catharines - Niagara Fort Erie Fort Erie Lakeshore
473 GARRISON Road
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473 GARRISON Road $1,285,000
$1,285,000
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473 GARRISON Road
Fort Erie, Ontario L2A1N3

MLS® Number: 40574417
10
Bedrooms
6
Bathrooms
3430
Square Feet

Listing Description

INVESTMENT OPPORTUNITY...Do not miss this once in a Lifetime chance to own prime property located at 473 Garrison Rd, Fort Erie. The potential with this property, located on busy Hwy #3, zoned C3, has Commercial redevelopment opportunity, super commercial visibility, along with potential for new build towns; Drawings, drafts, renderings, survey, soil assessment, Phase 1 reports, applications etc., will be made available to serious parties only. Collect the income stream from the current residential rentals, as the planning process is to build/develop the property. Current Use; The property currently consists of three (3) separate buildings, with 5 residential units that are tenanted, plus there is a vacant office space opportunity; the 5 residential units w/separate hydro meters, 3 of the 5 units have exclusive laundry, 2 units share one common laundry area. The vacant retail/office space, has its own bathroom.The front building; directly on Garrison Road, is a 2 storey duplex with 2-2bedroom units, full/unfinished basement & shared laundry. The back building; directly on Arthur Street, has 1-2bedroom, & 1-3 bedroom unit, each with exclusive laundry, one of the units has access to the garage. The small bungalow located on the west side of the property; is a 1-bedroom, winterized bachelor bungalow, with is own exclusive laundry. Total square footage includes all buildings(excludes office/garage bay). Recent improvements include; freshly painted, flooring, updated bathrooms, newer appliances, newer AC units. This prime location, zoned C3, with parking for 50-60 vehicles, along with close proximity to QEW and Buffalo Peace Bridge…Imagine the possibilities, the potential is here… do not miss this rare opportunity to own a piece of prime land in Fort Erie. Schedule a showing today & realize the potential for yourself! (67355254)

Location Description

QEW to Thompson Road exit/southbound, eastbound (left) on Garrison Road

Property Summary

Property Type
Multi-family
Storeys
2
Square Footage
3430 sqft
Subdivision Name
334 - Crescent Park
Title
Freehold
Land Size
1/2 - 1.99 acres
Annual Property Taxes
$11,747
Parking Type
Attached Garage
Time on REALTOR.ca
73 days

Building

Bathrooms
Total
6
Interior Features
Basement Type
Full (Unfinished)
Building Features
Features
Conservation/green belt
Rental Equipment
Water Heater
Structures
Shed
Total Units
6
Heating & Cooling
Cooling
Central air conditioning, Wall unit
Heating Type
Baseboard heaters, (Electric), Forced air, (Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Aluminum siding, Stucco
Neighbourhood Features
Community Features
Community Centre, School Bus
Amenities Nearby
Golf Nearby, Hospital, Marina, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Parking
Parking Type
Attached Garage
Total Parking Spaces
26

Measurements

Square Footage
3430 sqft
Above Grade Finished
3430 sqft
Source: Other

Land

Lot Features
Frontage
140 ft
Other Property Information
Access
Highway access
Zoning Description
R3
Data provided by: Niagara Association of REALTORS® 116 Niagara Street, St. Catharines, Ontario L2R 4L4

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