ON > Fort Erie > 334 - Crescent Park
Fort Erie, ON L2A 5M4,E/W Shayne AVE
Fort Erie, ON L2A 5M4,E/W Shayne AVE
Fort Erie, ON L2A 5M4,E/W Shayne AVE
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$3,499,850
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2 Acres Lot
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E/W Shayne AVE Fort Erie, ON L2A 5M4

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Jasmine Lee

Jasmine Lee

+1(416) 875-4880

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Key Details

Property Type Vacant Land

Sub Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision 334 - Crescent Park

MLS Listing ID X12189825

Building Age New

Annual Tax Amount $1

Tax Year 2025

Lot Size 2.000 Acres

Property Sub-Type Vacant Land

Property Description

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.

Location

Province ON

County Niagara

Community 334 - Crescent Park

Area Niagara

Rooms

Kitchen 0

Interior

Interior Features Other

Exterior

Waterfront Description None

Topography Rocky

Others

ParcelsYN No

Listed by ROYAL LEPAGE NRC REALTY
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agent

Jasmine Lee

Real Estate Broker & Team Leader | License ID: 9517861

+1(416) 875-4880

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E/W Shayne AVE

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