E/W Shayne Ave
Crescent Park, Fort Erie
$3,499,850
Buy with Dwelly and Save $34,999
Home Details
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Listing Description
A draft plan approved for 22 premium lots in Fort Erie's desirable Crescent Park district offers significant development potential. Each lot boasts a minimum 60-foot frontage and 110-foot depth, a unique offering within the city. The R1 zoning aligns with existing neighborhood aesthetics and supports single-family detached homes projected to exceed $1 million in value, though increased density, such as stacked townhouses eligible for HST rebates and affordable housing grants, is encouraged by the municipality. Servicing for these lots along the future Shayne Avenue is approved, subject to conditions available upon request, as is the servicing quote. Minor variances for larger building envelopes, accommodating features like three-car garages, are readily attainable. Investors may also engage multiple builders for project execution. This presents a compelling opportunity for developers seeking high returns in a prime location.
City: Fort Erie
Neighborhood: Crescent Park
Property History
Rooms
Room dimensions for E/W Shayne Ave, Fort Erie
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for E/W Shayne Ave is 17254
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $3499850 |
| Down Payment | $699970 |
| Mortgage Insurance | $0 |
| Total Mortgage | $2799880 |
Monthly Payment
| Mortgage Payment | $17254 |
| Property Taxes | $0 |
| Maintenance Fees | $0 |
| Monthly Payment | $17254 |
About E/W Shayne Ave, Fort Erie
Located at E/W Shayne Ave , this Fort Erie house is available for sale. This property was listed for $3,499,850 on Mon Jun 02 2025. It has null bedrooms and null bathrooms. The property includes the following rooms: , , , , , , , , , , , . E/W Shayne Ave, Fort Erie is situated in the Crescent Park neighbourhood.
MLS#: X12189825 · $3,499,850 · null bedroom house in Crescent Park, Fort Erie