N/A SHAYNE Avenue, Fort Erie, ON L2A 5M4, Fort Erie, ON
PRICE JUST DROPPED 500K TO OFFSET DEVELOPMENT CHARGES!!! 2 Million Dollar VTB POSSIBLE FOR ONE YEAR TERM AT 6% OR A $250,000 SERVICING CREDIT. (All draft plan conditions and servicing quote available upon request). Major progress has been made over the last two years, resulting in a draft plan approval for 22 premium sites, each having more than a 60-foot frontage, in the Crescent Park district of Fort Erie. This type of frontage and lot not available anywhere, city supports more density if preferred. The approval, accompanied by conditions, allows the servicing of these 22 plots along the future Shayne Avenue. Each future lot offers at least 60' x 110' in size, all zoned as R1 to harmonize with the surrounding community. This presents a highly promising opportunity for developers or builders interested in creating an affluent residential area, consisting entirely of single-family detached homes. This optimal area offers immense potential for establishing a community with homes valued at a million dollars or more. Easily increase the building envelopes with minor variance if needed. Lots could support 3 car garage homes. Additionally, there is an option of engaging 3 or 4 available builders, should an investor be seeking individuals to construct these dwellings.
Property Highlights
For Sale
MLS NO.
X9413777
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
X9413777
Total Bedrooms
0
Total Bathrooms
0
Total Kitchens
0
Interior Features
Unknown
Fireplace
No
Construction
Unknown
Roof
Unknown
Lot Width
0.0
Parking Features
Unknown
Parking Total
0.0
Covered Spaces
0.0
Garage Type
Unknown
Pool
None
Direction Facing
Unknown
Cooling
Unknown
Cooling Installed
No
Heat Source
Unknown
Heat Type
Unknown
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
N/A 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 and Evelyn St. in Crescent Park
Directions
At corner of Daytona and Evelyn St. in Crescent Park
Country
CA
List Price
$4,500,000
Annual Taxes
$1
Tax Year
2024
Legal Description
TBD for 22 lots
Possession Type
Immediate
Possession Details
Immediate
Listing Office
ROYAL LEPAGE NRC REALTY
Board
Niagara Association of REALTORS
Original Entry
2024-09-12T12:22:25Z
Media Updated
2024-11-28T19:28:29Z
Photos Updated
2024-11-17T05:47:57Z
Last Modified
2025-03-01T05:16:28Z
System Modified
2025-10-11T18:53:14.989661Z
MLS Status
Expired
Architectural Style
Unknown
Basement
Unknown
Basement Yn
No
Ddfyn
Yes
Expiration Date
2025-02-28
Heat Source Multi
Unknown
Heat Type Multi
Unknown
Hstapplication
Call LBO
Link Yn
No
Occupant Type
Vacant
Originating System Id
nar
Parcel Number
644690243
Public Remarks
PRICE JUST DROPPED 500K TO OFFSET DEVELOPMENT CHARGES!!! 2 Million Dollar VTB POSSIBLE FOR ONE YEAR TERM AT 6% OR A $250,000 SERVICING CREDIT. (All draft plan conditions and servicing quote available upon request). Major progress has been made over the last two years, resulting in a draft plan approval for 22 premium sites, each having more than a 60-foot frontage, in the Crescent Park district of Fort Erie. This type of frontage and lot not available anywhere, city supports more density if preferred. The approval, accompanied by conditions, allows the servicing of these 22 plots along the future Shayne Avenue. Each future lot offers at least 60' x 110' in size, all zoned as R1 to harmonize with the surrounding community. This presents a highly promising opportunity for developers or builders interested in creating an affluent residential area, consisting entirely of single-family detached homes. This optimal area offers immense potential for establishing a community with homes valued at a million dollars or more. Easily increase the building envelopes with minor variance if needed. Lots could support 3 car garage homes. Additionally, there is an option of engaging 3 or 4 available builders, should an investor be seeking individuals to construct these dwellings.
