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Home ON St. Catharines - Niagara Fort Erie Crescent Park
N/A SHAYNE Avenue
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N/A SHAYNE Avenue $4,999,850
$4,999,850
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N/A SHAYNE Avenue
Fort Erie, Ontario L2A5M4

MLS® Number: 40528573

Listing Description

50% VTB POSSIBLE WITH UP TO TWO YEAR TERM. Major progress has been made over the last two years, resulting in a draft plan approval for 22 premium sites, each having more than a 60-foot frontage, in the Crescent Park district of Fort Erie. The approval, accompanied by conditions, allows the servicing of these 22 plots along the future Shayne Avenue. Each future development site offers at least 60' x 110' in size, all zoned as R1 to harmonize with the surrounding community. This presents a highly promising opportunity for developers or builders interested in creating an affluent residential area, consisting entirely of single-family detached homes. This optimal area offers immense potential for establishing a community with homes valued at a million dollars or more. Additionally, there is an option of engaging 3 or 4 available builders, should an investor be seeking individuals to construct these dwellings. (66936131)

Location Description

At corner of Daytona and Evelyn St. in Crescent Park

Property Summary

Property Type
Vacant Land
Subdivision Name
334 - Crescent Park
Title
Freehold
Land Size
2 - 4.99 acres
Annual Property Taxes
$1
Time on REALTOR.ca
176 days

Building

Interior Features
Basement Type
None
Building Features
Total Units
0
Utilities
Utility Type
Cable (Available), Natural Gas (Available)
Utility Sewer
Municipal sewage system
Water
Municipal water

Land

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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