E/w Shayne Avenue, Fort Erie, Ontario L2A 5M4

Listed for:
$3,499,850
0 beds
0 baths
Listed 35 days ago
E/w Shayne Avenue, Fort Erie, Ontario L2A 5M4

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Learn more about this property
Listing provided by:
ROYAL LEPAGE NRC REALTY
MLS® number:
X12189825
Agent:
Jeff Collins
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About

At corner of Daytona Dr. and Evelyn St. 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. (id:27476)

Property Highlights

MLS® Number
X12189825
Type
Vacant Land
Community Name
334 - Crescent Park
Land Size
. ; 3 parcels of land|2 - 4.99 acres

Building

Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location