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$3,499,850

Jun 2Vacant Land For Sale
bedrooms0bed
washrooms0bath
MLS - #X12189825

E/W Shayne Avenue, Fort Erie, ON L2A 5M4

80
Similar Homes Found
$457,031
Average Price
665.8%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Property Description

Property type

Vacant Land

Lot size

2-4.99 acres

Style

Approx. Area

N/A

About E/W Shayne Avenue

A draft plan approved for 22 premium lots in Fort Erie's desirable Crescent Park district offers significant development potential. Each lot boasts a minimum 60-foot frontage and 110-foot depth, a unique offering within the city. The R1 zoning aligns with existing neighborhood aesthetics and supports single-family detached homes projected to exceed $1 million in value, though increased density, such as stacked townhouses eligible for HST rebates and affordable housing grants, is encouraged by the municipality. Servicing for these lots along the future Shayne Avenue is approved, subject to conditions available upon request, as is the servicing quote. Minor variances for larger building envelopes, accommodating features like three-car garages, are readily attainable. Investors may also engage multiple builders for project execution. This presents a compelling opportunity for developers seeking high returns in a prime location.

Home Overview

Last updated

Jun 2

Virtual tour

None

Basement information

Building size

--

Status

In-Active

Property sub type

Vacant Land

Maintenance fee

$N/A

Year built

2025

Listed by ROYAL LEPAGE NRC REALTY

Additional Details

Basement:N/A
Cooling:N/A
Heating:N/A
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

Location

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Walk Score for E/W Shayne Avenue

Some information about this property - Shayne Avenue

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