4741 FIRST AVENUE, Niagara Falls (Cherrywood), Ontario, L2E4G6

Property Description

Attention Builders, Investors & Renovators!Fantastic opportunity to acquire a valuable 70' x 150' lot with an existing home-ideal for redevelopment or investment. The sellers have already completed the pre-consultation process with the City of Niagara Falls Planning Department, paving the way for future growth.Options include severing the lot into two parcels to build detached homes, or severing into three parcels for semi-detached or townhouse development.This prime location is just 2 minutes to the Niagara Falls GO Station and Niagara University, and only 5 minutes to the vibrant entertainment district-a high-demand area with strong growth potential.Live in or rent the existing 3-bedroom, 1-bathroom home (approx. 950 sq. ft.) while you plan your project.An excellent opportunity for those looking to build, invest, or add value in one of Niagara's most promising neighbourhoods. (id:64974)

Quick Facts

• Property Type: House (Freehold)
• Style: Bungalow
• Bedrooms: 3 (3 above)
• Bathrooms: 1
• Ownership: Freehold
• Attached: No
• Parking: 4 spaces (No Garage)
• Frontage: 71 ft (21.7 m)

Costs

• Annual Taxes: $2,899.00 (2025)

Listing Provided by: EXP REALTY
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.