V/L Lundys Lane

Forestview, Niagara Falls · MLS® X12317412

Land · Vacant Land · 450 days on market

listed by Matthew Scarfone, Vintage Real Estate Co. LTD

realtor's description

Prime 11-Acre Development Opportunity on Lundys LaneUnlock the full potential of this exceptional 11-acre parcel fronting on high-traffic Lundys Lane, ideally positioned within Niagara Regions newly expanded Urban Growth Boundary. Part of the Garner West Secondary Plan, this strategic location offers incredible potential for future commercial mixed-use and high-density residential development. With major planned residential and commercial projects nearby, this site is poised for rapid appreciation. Whether you're an investor, developer, or visionary builder, the possibilities are endless. Seize this rare opportunity in one of Niagara's most promising growth corridors.

property details

type: Land, Vacant Land
parking: 0
property tax: $621 / yr
days on market: 450
MLS®: X12317412

features

Irregular lot size

monthly cost

$17,479/mo

Mortgage $17,428 · Tax $52

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

estimated payment

$17,428/ monthly

loan $3,199,999

25-year amortization

down payment20% · $800,00020%+ 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: $2,028,284
cash to close: $800,000; down payment; transfer tax and fees not included
total paid: $5,228,284

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