0 OAKWOOD DR
0 OAKWOOD DR
$1,499,000
1 days on market
About This Listing
Rare Niagara Falls Development Opportunity! Prime 1.495-acre Tourist Commercial development site strategically positioned beside Walmart and just off the QEW at Oakwood Drive & McLeod Road, in one of Niagara Falls' prominent commercial and tourism corridors. Surrounded by major retailers, restaurants, residential neighbourhoods and established amenities, with excellent highway exposure and convenient access to the U.S. border.Tourist Commercial zoning provides exceptional flexibility for a wide variety of potential uses, including hotel/hospitality, mixed-use, retail, restaurant, entertainment and other commercial uses. The property also presents exciting redevelopment potential for investors, builders and developers, with conceptual plans illustrating possibilities ranging from a retail/service plaza to mid-rise residential/commercial development and a landmark high-rise hotel or condo/apartment project. Municipal services are available to the lot line. Minutes from Costco, Cineplex, LCBO, Niagara Square, McDonald's and numerous national retailers, with the new South Niagara Hospital and continued investment throughout Niagara Falls further strengthening the area's long-term growth outlook.An exceptional opportunity to secure a highly visible development site in one of Canada's most recognized tourism destinations. Ideal for developers, builders and investors seeking location, exposure and multiple development possibilities.Conceptual renderings are for marketing purposes only. Development potential, permitted uses, density and all future approvals to be independently verified by the Buyer with the appropriate municipal authorities.
| Monthly Mortgage (P&I) | $6,531 |
| Property Tax (MLS) | $1,982 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $8,513 |
Down payment: $299,800 (20.0%) · Mortgage: $1,199,200
Property tax uses MLS annual tax of $23,790/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by COSMOPOLITAN REALTY
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Data last updated: August 23, 2026 at 06:27 a.m.