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CAONFort ErieNorth Shayne Ave
Listing image | Image 1

North Shayne Ave, Fort Erie, ON

House

For Sale

Listed price in listed location currency (CAD).
$3,499,850

000

MLS® X13761504

Overview

Key Facts

Type Residential Land
Levels Residential
Size -
Garage 
Taxes $536
Days Active 15
Lot Size 
Approx. Age 
MLS® Number X13761504

Property Address: North Shayne Ave, Fort Erie, ON, L2A

Average square foot calculated using Size range provided by listing agent.

Description

PREMIUM RAW LOTS THAT ARE SITE PLAN APPROVED WITH 60 FOOT FRONTAGE EACH!!!! LOTS AT 159K EACH UNSERVICED FOR RARE 60' IN SOUGHT AFTER AREA!! LANDBANK FOR FUTURE HUGE RETURN OR TAKE ADVANTAGE OF HST REBATE AND BUILD IN PREMIUM AREA. BUILDERS AVAILABLE TO HELP. The regulations governing the building sector have undergone substantial modifications, notably the HST rebate applicable to all new constructions valued up to $1.85 million, which aligns perfectly with this project. Firm agreements are eligible for the rebate until March 31, 2027. Additionally, the province of Ontario is poised to reduce development fees by 50%, which is expected to apply in this context as well. This scenario is particularly advantageous for builders pursuing a medium-sized project that aims to highlight high-quality homes in an exceptional area. A draft plan has received approval for 22 premium lots in the desirable Crescent Park district of Fort Erie, presenting significant development opportunities. Each lot features a minimum frontage of 60 feet and a depth of 110 feet, representing a distinctive offering within the city. The R1 zoning designation complements the existing neighborhood aesthetics and supports single-family detached homes projected to exceed a value of $1 million. The servicing for these lots along the proposed Shayne Avenue has been approved, subject to specific conditions available upon request, along with the servicing quote. Minor variances for expanded building envelopes, accommodating features such as three-car garages, are readily achievable. Fort Erie will also allow up to 3 ADU's (Additional Dwelling Units) to be added to increase value or add inlaw opportunities under separate roof on same property. Lots of options!! Investors also have the option to collaborate with multiple builders for project execution, highlighting a compelling opportunity for developers aiming for high returns in a prime location.
MLS® NumberX13761504
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

Price History

Last Sold Price

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Appreciation

--

Avg. Days Listed

--

Today, For Sale for $3,499,850

For Sale · 15 days

$3,499,850

MLS® X13761504

15 days ago

Not Sold Yet

September 2026, For Sale for $3,499,850

For Sale · 15 days

$3,499,850

MLS® X13761504

15 days ago

Not Sold Yet

August 2026, Expired for $3,499,850

Expired · 151 days

$3,499,850

MLS® X12944684

25 days ago

Canceled on Aug 31, 2026

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