6560 McLeod Road

Oldfield, Niagara Falls · MLS® X13089164

Land · Vacant Land · 171 days on market

listed by Nancy Graziani, RE/MAX GARDEN CITY REALTY INC, BROKERAGE

realtor's description

6560 McLeod Rd, 7274 Merritt Ave and 7284 Merritt selling as one parcel. 3 lots,3 homes being sold together.Exceptional development opportunity ideally suited for stacked townhouses, an apartment building, or condominiums. Fronting on McLeod Road and backing onto Merritt Avenue.Approximately 0.65 acres.Take advantage of this high-demand development area with excellent proximity to amenities, transit, schools, and shopping. Perfect for investors and builders looking to create a multi-residential project in a growing community.Note:Taxes stated are for all 3 properties in 2025.

property details

type: Land, Vacant Land
parking: 0
property tax: $10,177 / yr
days on market: 171
MLS®: X13089164

monthly cost

$8,473/mo

Mortgage $7,625 · Tax $848

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

estimated payment

$7,625/ monthly

loan $1,400,000

25-year amortization

down payment20% · $350,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $887,375
cash to close: $350,000; down payment; transfer tax and fees not included
total paid: $2,287,375

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