4067 Drummond Road

Morrison, Niagara Falls · MLS® X13478990

Land · Vacant Land · 123 days on market

listed by DIANA BODNIK, RARE REAL ESTATE

realtor's description

Attention builders, developers, and investors. Rare vacant land opportunity in a prime Niagara Falls location. The property has been successfully rezoned to permit the construction of a semi-detached dwelling, creating an excellent opportunity for redevelopment.The existing structure has been demolished, offering a clean slate for your next project. Zoning approvals are in place for a semi-detached home; however, buyers are advised to complete their own due diligence regarding building permits, development fees, servicing, and any additional municipal requirements.Property is being sold as-is, where-is. A fantastic opportunity to secure a development-ready lot in a growing residential area.

property details

type: Land, Vacant Land
parking: 0
property tax: $3,061 / yr
days on market: 123
MLS®: X13478990

monthly cost

$2,216/mo

Mortgage $1,961 · Tax $255

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$1,961/ monthly

loan $359,999

25-year amortization

down payment20% · $90,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $228,182
cash to close: $90,000; down payment; transfer tax and fees not included
total paid: $588,181

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.