5809 Mcleod Road, Niagara Falls, ON L2G 3E5
Arad/Fallsview · L2G 3E5
$2,899,000
$63 / sq ft2 months on market
- Interior
- 45,811 sf
- Lot
- 166 × 272 ft
About this property
Approved 43-unit stacked townhouse development opportunity in one of Niagara Falls' fastest-growing corridors. Designed across three multi-level buildings, this project delivers a modern mix of lower, ground, and upper-level units crafted for today's demand for attainable, efficient living. Situated in a prime location with easy access to the QEW, it is within minutes of major retail hubs (Costco, Walmart, Niagara Square), schools, parks, and the main tourism core. This site presents a rare opportunity to skip major planning and design milestones. With permits nearly in place, you will be breaking ground in no time!
Property details
Property
- Property type
- vacant land
- Interior size
- 45,811 sq ft
- Lot size
- 166 × 272 ft
- Zoning
- R4
- Possession
- Flexible
Exterior & services
- Sewer
- Sanitary+Storm Available
Costs
- List price
- $2,899,000
- Property taxes
- $2,322 / year (2026)
- Price per sq ft
- $63
Listing
- MLS® number
- X13698066
- Status
- For sale
- Listed
- August 20, 2026
- Days on market
- 76
- Last updated
- September 2, 2026
- Listing brokerage
- RE/MAX ESCARPMENT REALTY INC.
Price & sale history
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Before you make an offer
What this home costs beyond the asking price, and how that price compares to what else is on the market.
How this price compares
This home is priced above most comparable listings — about 88% of comparable vacant land listings in Niagara Falls are asking less.
- This home
- $63 / sq ft
- Comparable median
- $23 / sq ft
Based on 59 comparable active vacant land listings in Niagara Falls. These are asking prices, not sale prices.
Mortgage estimate
- Principal & interest
- $12,823.25
- Property tax (est.)
- $193.50
- Estimated monthly
- $13,017
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Land transfer tax
Payable on closing, on top of the purchase price.
- Ontario
- $58,950
- Total due on closing
- $58,950
An estimate on the asking price of $2,899,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of RE/MAX ESCARPMENT REALTY INC.. 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.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
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