E/W Shayne Avenue, Fort Erie, ON L2A 5M4, Fort Erie, ON
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.
Property Highlights
For Sale
MLS NO.
X12189825
Type
Residential Freehold
Sub Type
Vacant Land
Complete Property Details
Property Type
Residential Freehold
Sub Type
Vacant Land
Transaction Type
For Sale
Status
Expired
Contract Status
Unavailable
MLS® Number
X12189825
Total Bedrooms
0
Total Bathrooms
0
Total Kitchens
0
Interior Features
Other
Central Vacuum Yn
No
Lot Width
0.0
Garage
No
Direction Facing
West
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
E/W Shayne Avenue, Fort Erie, ON L2A 5M4
City
Fort Erie
Neighbourhood
334 - Crescent Park
County / Region
Niagara
Province / State
ON
Postal Code
L2A 5M4
Cross Street
At corner of Daytona Dr. and Evelyn St.
Directions
At corner of Daytona Dr. and Evelyn St.
List Price
$3,499,850
Annual Taxes
$1
Tax Year
2025
Legal Description
See realtor remarks.
Possession Type
Flexible
Possession Details
Flexible
Listing Office
ROYAL LEPAGE NRC REALTY
Board
Niagara Association of REALTORS
Original Entry
2025-06-02T18:09:45Z
Media Updated
2025-06-02T18:49:24Z
Photos Updated
2025-06-02T18:09:46Z
Last Modified
2025-12-01T05:16:01Z
System Modified
2025-12-01T05:16:01.062293Z
MLS Status
Expired
Ddfyn
Yes
Expiration Date
2025-11-30
Hstapplication
In Addition To
Occupant Type
Vacant
Originating System Id
A00001796
Parcel Number
644690243
Public Remarks
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.