For Sale

Lot 531 Albion Avenue, Fort Erie, Ontario L2A 5M4

$3,640,000

Lot 531 Albion Avenue, Fort Erie, Ontario L2A 5M4 is For Sale and has a listing price of 3,640,000. The property is located in the Fort Erie . It's been on the website for 53 Days.

  • Land
    Property Type
  • MLS ID: X12000525
  • Office Name ROYAL LEPAGE CERTIFIED REALTY
Property Description

VTB/ Seller Finance is available to interested buyers at competitive rate. Seller may consider Joint Venture for qualifying buyers. This parcel must be purchased together with an adjacent 2.234-acre property. Exceptional Development Opportunity: 64 Modern Townhomes in Fort Erie. Introducing an outstanding development package with nearly site plan-approved 2.91-acre land, ready for your vision. All comprehensive studies will be provided upon receiving an offer, giving you a solid foundation for an informed decision.Prime Location on Garrison Road. Situated in the desirable Spears-High Points neighborhood, this combined site offers remarkable convenience: Proximity to the U.S. Border: A short drive to the Peace Bridge, providing easy access to Buffalo, New York, and enhancing cross-border connectivity. Access to Crystal Beach: Only 10 minutes away, featuring beautiful sandy shores and clear waters that attract both residents and tourists alike. Local Amenities: The area is experiencing substantial growth, with shops, restaurants, and recreational facilities nearby,fostering a vibrant community atmosphere. Market Growth in Fort Erie. Fort Erie boasts a robust real estate market with ongoing development initiatives and a steady demand for housing. The town’s strategic location, growing amenities, and diverse range of properties make it an attractive investment for developers. An Ideal Investment Opportunity. This property represents a rare opportunity to develop in a thriving community, with all preparatory work completed. The strategic location, along with the added acreage of the adjacent property and comprehensive studies, makes this an ideal investment for developers looking to capitalize on Fort Erie’s growth and appeal. The buyer is responsible for conducting their own due diligence.

Property Details
  • MLS ID: X12000525
  • Price: $3,640,000
  • Lot Depth: 108
  • Transaction Types: For Sale
  • Ref ID: X12000525
  • Year Built: N/A
  • Dir / Cross St: Garrison Road & Helena
  • Status: Active
  • Tax Year: 2024
  • Property Type: Land
  • Property Type: Commercial
  • Property Sub Category: Vacant land
Price History
List Date MLS ID List Price Status End Date Closed Price
06/05/2025 X12199554 $3,640,000 For Sale - -
03/04/2025 X12000525 $3,640,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Fort Erie
  • $860,459 Average List Price
    based on 1 year
  • 26 New Listings
    based on 30 days
  • 105 Median Days on Market
    based on 1 year
  • List vs. Selling Price 227.84 % Up
  • Sold (12mo) 100
  • Rented (12mo) 31

  • 1 Month Change +11.5%
  • 3 Month Change +23.1%
  • 6 Month Change +9.7%
Walkscore
Additional Details
  • Heat Type Y
  • Garage Type Y
  • Taxes: $43,000
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Immediate
  • Listing Entry Date: 04/03/2025 21:50:51
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