1234 Shayne Ave
Fort Erie, L2A 5M4
FOR SALE
$5,500,000
Expired
$0
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BEDROOMS0
BATHROOMS0
KITCHENS0
ROOMSX6794584
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-09-06 | 2023-12-31 | 116 | $5,500,000 | - | Expired |
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Property Description
The Crescent Park Estates has seen a noteworthy value enhancement of $500,000.00!!! 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.
Property Features
Public Transit
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Property Details
Street
City
Property Type
Vacant Land
Acreage
2-4.99
Fronting
West
Taxes
$1 (2023)
Heat Type
None
Air Conditioning
None
Water
Municipal
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Similar Listings
The Crescent Park Estates has a $500,000.00 Servicing Credit Included on firm deal before Jan. 31st. Net ask price now 5 Million!!! 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.
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