Introducing a rare development opportunity in one of Canada's most prestigious communities. Located at 223-227 Mary Street, this 1.026-acre site is zoned with site-specific multi-residential zoning in place for a 41-unit, 4-storey apartment building making it an opportunity for developers and investors seeking a position in this historic town. Ideally situated just a short walk from Niagara-on-the-Lake's vibrant Old Town, this property offers the perfect balance of small-town charm and development potential. The groundwork is laid for a striking, thoughtfully designed residential building that caters to strong demand for luxury rentals or condominiums in the area. Walking distance to shops, restaurants, wineries, and the Shaw Festival. Municipal services available on site. High-demand market with limited future development supply. Whether you're a seasoned builder or a forward-thinking investor, this is a rare chance to shape the future of Niagara-on-the-Lakes residential landscape. Opportunities of this scale, readiness, and location are exceedingly limited. Development site in Old Town.
Address
223-227 Mary Street
List Price
$1
MLS® Status
New
Expiration Date
2026-06-30
Property Type
Residential Freehold
Type of Dwelling
Vacant Land
Transaction Type
Sale
Area
Niagara-on-the-Lake
Sub-Area
101 - Town
Region
Niagara
Lot Depth
298.63
Lot Size Range (Acres)
.50 - 1.99
Lot Size Units
Feet
Lot Width
150.06
Parcel Number
464010038
Occupant Type
Tenant
Cross Street
Mississauga
MLS® Number
X12464816
Listing Brokerage
ROYAL LEPAGE NRC REALTY
Postal Code
L0S 1J0
Tax Amount
$7,529.36
Tax Year
2025
Cable
Available
Central Vacuum
No
Hydro
Yes
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Niagara Association of REALTORS
Direction Faces
North
Tax Legal Description
PT LT 245-246, 271-272 TP PL 86 NIAGARA AS IN NTW8594; NIAGARA-ON-THE-LAKE
Waterfront
No
Waterfront
None
Login To View 11 Additional Details On 223-227 Mary Street
Get instant access to more information (such as room sizes) with a free account.
Already have an account? Login