Welcome to this remarkable commercial retail located in the coveted neighborhood of 213 - Ascot. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $23 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Recently renovated 1,800 sq ft commercial unit offering a bright, functional space with glass frontage that provides excellent natural light and visibility. The unit features one large bathroom and a versatile open layout suitable for a variety of business uses. Located within a well-maintained plaza with shared parking. The space also offers signage opportunities, including up to two spots on the pylon sign plus building signage (all at the tenant's expense), providing strong branding potential. TMI is $11.50 per sq ft, with the tenant responsible for all utilities. Positioned along one of Niagara Falls busiest corridors with over 12,000 vehicles passing daily, the location offers excellent visibility and consistent exposure. Surrounded by established amenities, residential neighbourhoods, and nearby restaurants and service businesses, the site benefits from strong daily traffic and an active commercial area. With easy access to the QEW, this location provides convenient connectivity throughout the Niagara Region, making it an excellent future opportunity for businesses looking to establish themselves in a growing and vibrant community.
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Data-driven valuation for 8189 Lundys Lane 2, Niagara Falls, ON L2H 1H3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Niagara Falls.
About Purchasing a Home in Niagara Falls, ON
For a property listed at $23 in Niagara Falls, the legal minimum down payment is $1 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $0 for this transaction. As this listing is in Niagara Falls (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $0.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.