5756 Ferry Street

• Located in a prime location of Niagara falls, surrounded by new development.
• Close to neighborhood amenities, including parks, shopping, restaurants and medical services.
• Major capex completed in the last 5 years allowing for predictable ownership expenses.
• Potential to develop the property in the future with a 9 storey condominium building.
• ZBA approval for nine storeys and approximately 118,000 SF of GFA.
• A 50% reduction in regional development charges and 75% reduction in city development charges has been secured.
• Approximately $230,000 per year of interim holding income.
• Site plan is ready to submit, allowing a purchaser to start sales immediately.
• Vendor take back mortgage structure possible.

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