N/A SHAYNE Avenue, Fort Erie | Image 1

N/A SHAYNE Avenue

Fort Erie, 334 - Crescent Park

  • - bed - bath
$X,XXX,XXX est.*: $15,244/mo
For Sale

Added 3 months ago

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  • Type: Vacant Land

  • Lot Size: 0 x 0 Feet

  • Age: No Data

  • Taxes: $1 per year

  • Days on Site: 84 Days

  • Added: Sep 12, 2024 (3 months ago)

  • Updated:

  • Last Checked: 3 hours ago

  • MLS®#: X9413777

  • Listed By: Royal lepage nrc realty

PRICE JUST DROPPED 500K TO OFFSET DEVELOPMENT CHARGES!!! 2 Million Dollar VTB POSSIBLE FOR ONE YEAR TERM AT 6% OR A $250,000 SERVICING CREDIT. (All draft plan conditions and servicing quote available upon request). 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. This type of frontage and lot not available anywhere, city supports more density if preferred. The approval, accompanied by conditions, allows the servicing of these 22 plots along the future Shayne Avenue. Each future lot 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. Easily increase the building envelopes with minor variance if needed. Lots could support 3 car garage homes. Additionally, there is an option of engaging 3 or 4 available builders, should an investor be seeking individuals to construct these dwellings.

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Property

  • Status: Sale

  • Property Type: Vacant Land

  • Area: Fort Erie

  • Community: 334 - Crescent Park

  • Availability Date: Immediate

  • Assessment Amount: $1

  • Assessment Year: 2024

Inside

  • Fireplace: No

Utilities

  • Electricity: Available

  • Gas: Available

  • Cable: Available

  • Telephone: No

Building

  • Elevator: N

  • Water Supply: Municipal

  • Special Designation: Unknown

Fees

  • Tax Year: 2024

  • Tax Legal Description: TBD for 22 lots

  • Taxes: $1

Land

  • Cross Street: At corner of Daytona

  • Municipality District: Fort Erie

  • Parcel Number: 644690243

  • Pool: None

  • Sewer: Sewers

  • Acres: 2-4.99

  • Zoning: R1

  • Waterfront: None

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Car-Dependent

  • Most errands require a car.
31 /100

Somewhat Bikeable

  • Most errands require a car.
27 /100
JK-8

John Brant Public School

Elementary: Public
7.33 km
JK-8

St Philomena Catholic Elementary School

Elementary: Catholic
0.24 km
JK-8

St George Catholic Elementary School

Elementary: Catholic
7.82 km
JK-8

Peace Bridge Public School

Elementary: Public
3.84 km
JK-8

Garrison Road Public School

Elementary: Public
1.13 km
JK-8

Our Lady of Victory Catholic Elementary School

Elementary: Catholic
4.62 km
9-12

Greater Fort Erie Secondary School

Secondary: Public
1.12 km
9-12

Fort Erie Secondary School

Secondary: Public
5.09 km
9-12

Ridgeway-Crystal Beach High School

Secondary: Public
7.00 km
9-12

Westlane Secondary School

Secondary: Public
25.03 km
9-12

Stamford Collegiate

Secondary: Public
24.00 km
Pre-Grade 9-12

Saint Michael Catholic High School

Secondary: Catholic
24.00 km
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