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Home ON St. Catharines - Niagara Fort Erie Crescent Park
E/W SHAYNE AVENUE
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E/W SHAYNE AVENUE $3,499,850
$3,499,850
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E/W SHAYNE AVENUE
Fort Erie (Crescent Park), Ontario L2A5M4

MLS® Number: X12189825
0
Bathrooms
-
Square Feet

Listing Description

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. (40592175)

Location Description

At corner of Daytona Dr. and Evelyn St.

Property Summary

Property Type
Vacant Land
Community Name
334 - Crescent Park
Land Size
. ; 3 parcels of land|2 - 4.99 acres
Age Of Building
New building
Annual Property Taxes
$1
Parking Type
No Garage
Time on REALTOR.ca
15 days

Building

Bathrooms
Total
0
Building Features
Features
Irregular lot size, Rocky
Utilities
Utility Type
Cable (Available), Electricity (Available), Sewer (Available)
Utility Sewer
Sanitary sewer
Water
Municipal water
Parking
Parking Type
No Garage

Land

Lot Features
Soil Type
Rocky
Other Property Information
Zoning Description
R1
Data provided by: Niagara Association of REALTORS® 116 Niagara Street, St. Catharines, Ontario L2R 4L4

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