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Maria Tompson

Sales Representative
Remax Example Inc., Brokerage Independently owned and operated. 4711 Yonge Street, 10th Floor, Toronto, Ontario M2N 6K8 Cell: 416-548-7854Office: 416-548-7854Fax: 416-981-7184Toll Free: 1-866-382-2968

$3,740,000
Available - For Sale
Listing ID: X10410542
Lot 531 Albion Ave , Fort Erie, L2A 5M4, Ontario


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. This parcel must be purchased together with an adjacent 2.234-acre property, offering a combined opportunity to construct 64 contemporary townhomes. 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 triving 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.
Price $3,740,000
Taxes: $43000.00
Tax Type: Annual
Occupancy by: Vacant
Address: Lot 531 Albion Ave , Fort Erie, L2A 5M4, Ontario
Postal Code: L2A 5M4
Province/State: Ontario
Legal Description: LT 531 PL 462 BERTIE; LT 532 PL 462 BERT
Lot Size: 888.00 x 108.00 (Feet)
Directions/Cross Streets: Garrison Road & Helena
Category: Designated
Use: Residential
Total Area: 4.30
Total Area Code:  Acres
Area Influences: Public Transit   Rec Centre
Financial Statement: N
Chattels: N
Franchise: N
Rail: N
Heat Type: None
Central Air Conditioning: N
Elevator Lift: None
Sewers: San+Storm Avail
Water: Municipal
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Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
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At a Glance:
Type: Com - Land
Area: Niagara
Municipality: Fort Erie
Neighbourhood:
Style:
Lot Size: 888.00 x 108.00(Feet)
Approximate Age:
Tax: $43,000
Maintenance Fee: $0
Beds:
Baths:
Garage: 0
Fireplace:
Air Conditioning:
Pool:
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