Lot 531 Albion Ave

Fort Erie, L2A5M4
For Sale
$3,740,000
Lot 531 Albion Ave, Fort Erie
Lot 531 Albion Ave
Lot 531 Albion Ave
Lot 531 Albion Ave
Lot 531 Albion Ave
Lot 531 Albion Ave
Designated
CATEGORY
4.30 Acres
TOTAL AREA
X10410542
MLSID
Contact Us
Property 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.
Property Details
Category
Designated
Usage
Residential
Zoning
NEIGHBOUR DEVELOPMENT & RES. DEVELOPMENT
Total Area
4.30 Acres
Lot Size
888' x 108'
Taxes
$4,300 (2024)
Listing contracted with Royal Lepage Certified Realty
Similar Listings
80-94 Jarvis St, Fort Erie
Designated
$1,975,000
FOR SALE
Investment opportunity in vibrant downtown Fort Erie! This property currently seeking Site Plan Approval (available upon closing) for the development of 36 residential units and 3 commercial spaces. Conveniently located within walking distance to the Lake Eire, Niagara River and a variety of local amenities including restaurants, shopping centers, banks, and pharmacies. Quick drive to United States boarder and Buffalo International Airport. Zoning C2 lot measures 121 ft. x 122 ft. for total of 14,811 sq ft. Excellent opportunity for seniors community or residential condos.
DIALOG CONTENT
Would you like to receive Similar Listing Alerts as soon as they are uploaded to MLS®?
How would you rate our website?
Would you like to rate us on Google?
Yes
1401785927