$849,000 - 0 Niagara River Parkway, Niagara Falls
Land for Sale in Niagara Falls
New — Listed yesterdayNeighbourhood: 224 - Lyons Creek
- MLS Number
- X13522176
- Property Type
- Land
- Status
- active
- Days on Site
- 1
- Bedrooms
- 0
- Bathrooms
- 0
- Square Feet
- N/A sqft
- Neighbourhood
- Niagara Falls
- Lot Size
- 2 sqft
- Listing Brokerage
- RE/MAX NIAGARA REALTY LTD, BROKERAGE
An exceptional opportunity awaits with this 1.5-acre waterfront building lot offering 155 feet of frontage along the Niagara River Pkwy and stretching approximately 439 feet in depth. With stunning panoramic water views and a generous footprint, this property provides the perfect canvas to design and build a custom home in one of Niagara's most scenic and sought-after locations. The lot has been recently severed and cleared, making it ready for development, with services available at the lot line to streamline the building process. Whether you envision a modern waterfront retreat or a timeless estate, the size, proportions, and setting of this property allow for endless possibilities. Set along the iconic Niagara River Parkway, this location offers more than just a beautiful view-it's a lifestyle. Step outside to the nearby Niagara River Parkway Trail, ideal for walking, running, and cycling along the water's edge. Enjoy watching boats pass by, taking in breathtaking sunrises and sunsets, and embracing the natural beauty that surrounds you. Despite its peaceful setting, the property offers excellent convenience with QEW highway access just 3 minutes away, connecting you quickly to Niagara Falls, Fort Erie, St. Catharines, and Toronto, as well as the Peace Bridge to Buffalo. Rarely does an opportunity arise to secure a waterfront lot of this size and setting - create your vision and enjoy life along the Niagara River.
Estimate your monthly payments for this property
Estimated Payment
$4,355.81/mo
Includes CMHC insurance ($23,687)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover 224 - Lyons Creek
224 - Lyons Creek is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in 224 - Lyons Creek
- •Convenient location in Niagara Falls
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
224 - Lyons Creek offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
0 Niagara River Parkway, Niagara Falls
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Key factors for evaluating this land parcel
Land Due Diligence Checklist
· Confirm zoning designation and all permitted uses
· Verify servicing (water, sewer, hydro) at lot line
· Order a Phase 1 Environmental Site Assessment
· Obtain an up-to-date survey (boundaries, easements)
· Review development charges and levies with the municipality
· Consult a land use planner on development feasibility
Commercial Financing Note
Land financing typically requires 35–50% down with specialized lenders. Carrying costs (taxes, interest) accumulate during any approval or development process — factor these into your feasibility.
Commercial and land transactions are significantly more complex than residential. Joe recommends assembling a team — commercial real estate lawyer, accountant, and (for land) a land use planner — before making an offer.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Zoning & Permitted Use
Before anything else, I'd confirm the current zoning designation and what's permitted on this land. Zoning dictates everything: residential subdivision, commercial development, agricultural use, or mixed. The Niagara Falls planning department can also tell you what, if any, Official Plan amendments are in progress that could affect the permitted uses.
Just Listed — Land Takes Time
This parcel just came to market. Unlike homes, land transactions rarely have the same urgency — buyers need time for due diligence: surveys, environmental reports, and planning consultations. Don't let "just listed" pressure you into skipping proper diligence.
Servicing & Infrastructure
A key question for any land purchase: is it serviced (municipal water, sewer, gas, hydro at the lot line) or unserviced? Bringing services to an unserviced parcel can cost $50,000–$500,000+ depending on proximity and Niagara Falls's development charges. This can make or break a project's feasibility.
Environmental & Survey
I always recommend a Phase 1 Environmental Site Assessment for land purchases — it checks for historical contamination from prior uses. If the Phase 1 flags anything, a Phase 2 (soil sampling) follows. Also budget for an up-to-date survey, which confirms boundaries, easements, and encroachments.
Development Approval Timeline
If you're buying with development in mind, factor in the approval timeline. Minor variance: 3–6 months. Site plan approval: 6–18 months. Official Plan amendment or rezoning: 1–3+ years. These timelines directly affect your carrying costs — property taxes and financing accumulate the entire time. Having an experienced planner and real estate lawyer on your team from day one matters.
Let's Walk Through It Together
Evaluating land requires a different lens than buying a home. I'll walk the site with you, help you ask the right questions of the listing agent, and connect you with the right professionals — planners, environmental consultants, commercial lawyers — to make sure you know exactly what you're buying before you commit.