Oldfield · L2G 2Y5
$1
$0 / sq ft2 months on market
An exceptional opportunity exists to acquire and develop a land parcel (3.2+/- acres) strategically located within the Niagara Falls hotel Entertainment and Tourism Core with elevation views to Niagara Falls, one of Canada's most visited destinations (14 + Million visitors annually). The site is ideally suited for high-rise hotels integrated with branded condo residences, capitalizing on tourism, international brand recognition, and strong investor demand. This development concept aligns with Niagara Falls' evolution toward luxury hospitality, experiential tourism, and branded residential offerings. Location Highlights: Prime Location with Niagara Falls views and frontage on Stanley Avenue providing good access. It is located a very short distance from Marine Land at the southern entrance of the Entertainment and Tourism Core. The site is within walking distance to attractions including Marine Land, the OLG Theatre, the Fallsview District, the Niagara Falls Convention Centre and the Fallsview Casino Resort. Ideal for a Hotel + Branded Condo Residences Model; this site appeals to: International Hotel/Resort + Condo Developers and International investors. Conceptual plans envision pursuing development approvals for two towers (35 stories each) containing approx 1,500 hotel/residential units over a shared retail and parking podium. Ancillary components may include: a signature restaurant and rooftop lounge observation deck.. Spa / wellness facilities; Meeting & event space. Retail or experiential ground-floor uses. ite outright or in part through a severance consent or plan of condo process. A VTB maybe available to a qualified Buyer. There might be a future opportunity to pursue a Casino License if Province opens the market. The List Price of this property for one dollar does not legally require the seller to sell it for that price, as it is considered an"invitation to treat" rather than a binding offer. The property is being sold via a competitive bidding process.
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This home is priced below most comparable listings — about 0% of comparable vacant land listings in Niagara Falls are asking less.
Based on 54 comparable active vacant land listings in Niagara Falls. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
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An estimate on the asking price of $1. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of HARVEY KALLES REAL ESTATE LTD.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.