1234 Shayne Avenue Fort Erie, Ontario L2A 5M4
$5,500,000
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. (id:34139)
Property Details
| MLS® Number | 40438965 |
| Property Type | Vacant Land |
Building
| Basement Type | None |
| Utility Water | Municipal Water |
Land
| Acreage | Yes |
| Sewer | Municipal Sewage System |
| Size Total Text | 2 - 4.99 Acres |
| Zoning Description | R1 |
Utilities
| Cable | Available |
| Natural Gas | Available |
https://www.realtor.ca/real-estate/25723485/1234-shayne-avenue-fort-erie
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September 22 2023 10:05:48
Niagara Association of REALTORS®
Royal LePage NRC Realty
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The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.