Receivership Sale – Rare Development Site for Proposed 77-Storey Condo
Location: 6158 Allendale Ave. & 5592, 5602 Robinson St., Niagara Falls, ON.
Property is located near the intersection of Ferry St. & Stanley Ave.
Legal Description:
5602 Robinson St. – PIN 643500185; Pt Range 22 PL 1 Stamford as in R0388636; Niagara Falls
5592 Robinson St. – PIN 643500243; Pt Range 22 PL 1 Stamford as in R0186177, R0621162 & R0374235; S/T R0374235 except the easement therein; Niagara Falls
6158 Allendale Ave. – PIN 643500243; Pt Range 22 PL 1 Stamford being PTS 1 & 2 59R12016; Niagara Falls
Lot Size: Proposed 77-Storey Residential Tower containing 962 Units ranging from Studio to 2 Bed plus Den,
with Approx. 713 Parking Units throughout 12 Levels, including 6 Storeys Underground and 6 Storeys Above Ground
Proposed Gross Floor Area: Approx. 778,235 sq.ft.
Permitted Uses: Hotel, Assembly Hall, Parking Lot, Car Wash
Site Area: Approx. 0.758 Acres (33,007 sq.ft.)
Zoning: TC (Tourist Commercial)
Possession: Immediate
Services & Utilities: Full Municipal Services are Available. It is assumed that there is Adequate Capacity for Full Services to be Provided to the Development Site
Comments
– Property is located within the City of Niagara Falls Official Plan Height Strategy Area which Permits 30 Storeys
– City of Niagara Falls has Confirmed Receipt of the Zoning By-law Amendment and Official Plan Amendment Application to Propose a 77-Storey Building; Application has Not Been Completed as of Today’s Date
– Proposal is for a New Condo Building to be One of Canada’s Tallest Condo Buildings Standing at 77-Storeys. The Project is being known as Niagara 77, made up of Mixed-Use Development featuring Condos, Townhomes and Retail Outlets.
– The City of Niagara Falls is in Favour of this Proposal
– Buyer to Satisfy Themselves Regarding All Aspects of the Property as Seller Will Not Make Any Representations or Warranties
– Bid deadline is at noon on June 24, 2025