E/W Shayne Avenue, Fort Erie, Ontario L2A 5M4 is For Sale and has a listing price of 3,499,850. The property is located in the Fort Erie . It's been on the website for 112 Days.
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.
| List Date | MLS ID | List Price | Status | End Date | Closed Price |
|---|---|---|---|---|---|
| 06/02/2025 | X12189825 | $3,499,850 | For Sale | - | - |
