$3,740,000
 $20,077 est/mo Sourced by Back At You

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

Fort Erie, ON L2A 5M4

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Description

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. With all essential services readily available, the path to development is seamless. 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 Crysal 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.

Details

MLS#X10410542
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Days On Site69
Listing Provided ByROYAL LEPAGE CERTIFIED REALTY | Not Provided

Features

SQ Feet187,308
Acreage4.30
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

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Listings Checked: 2 hours ago
StateON
CountyNiagara
CityFort Erie
Zip CodeL2A 5M4
Area335 Ridgeway
Listing VS Median (in L2A 5M4)
Price:
$3,740,000
low | high
Med:
$924,000
100% of Average
SqFt:
187,308
low | high
Med:
1,291,990
100% of Average
$ / SqFt:
$20
low | high
Med:
$1
100% of Average
On Site:
69
low | high
Med:
333.500000
20.689655172414% of Average
Sourced by Back At You
Listing Updated: January 8, 2025 at 10:44:13 AM PST