- What The valuation for the Edgecliff Inn is $364,000/room
- Why Zoning permit uses including an office, medical centre or bank
- What next A four-bedroom house adjacent to the hotel is included in the sale
A Niagara Falls hotel with development potential is on the block for $12m.
RE/MAX Niagara Realty is marketing Edgecliff Inn on behalf of a private owner. The valuation for the 33-room hotel works out to $364,000/room. A four-bedroom house adjacent to the hotel is included in the sale.
Previously called the Happiness Inn, the hotel includes a pool and laundry facilities. The property is zoned central business commercial, permitting such uses as a bank, office, restaurant or health centre.
At 4625 Cataract Avenue, Edgecliff Inn is approximately 200 m from the Niagara River, the Whirlpool Bridge and the Niagara Falls GO Station.
Major attractions, including Horseshoe Falls, Casino Niagara and the Rainbow Bridge are within 3.5 km of the property, while Highway 420 and the Queen Elizabeth Way are within 5km.
The city of Niagara Falls is 70 km from Toronto on the border with New York state.
