$3,499,850

E/W SHAYNE AVENUE , Fort Erie (Crescent Park), Ontario L2A5M4

Remarks

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. (id:27)

Property Summary

Neighbourhood: 334 - Crescent Park
Lot Size: . ; 3 parcels of land
Acreage: Yes
Zoning: R1

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Mary Montgomery

Sales Representative

Phone: 905.892.0222

Mobile: 289.241.7711

Fax: 905.688.3178

Royal LePage NRC Realty, Brokerage (Independently owned and operated)

1815 Merrittville Highway #1
Fonthill, ON L0S1E6

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289.241.7711

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Mary Montgomery

E/W SHAYNE AVENUE ,
Fort Erie (Crescent Park), Ontario L2A5M4

$3,499,850