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NA SHAYNE Ave
Fort Erie | | L2A 5M4- 0
- 0
- 0
Ask: $4,999,850 $4,500,000
-
Days on market
74
-
Status
Pc
Home details
- MLS #:
X9346579
- Property type:
- Vacant Land
- Style:
- Taxes:
- $1
- Possession:
- Immediate
- Lot Front:
- 0.0 Feet
- Lot Depth:
- 0.0 Feet
- Basement:
- |
- Driveway Pkg:
- 0
- Heat:
- |
Description
NA SHAYNE Ave, , Fort Erie, Ontario is a Vacant Land property in Fort Erie and in the community in the L2A 5M4 postal code
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..
Extras
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History
Sign in for full access| List Date | End Date | List Price | End Price | Status | MLS # |
| 2024-09 | 2024-10 | $4,999,850 | $4,500,000 | Pc | X9346579 |
Comparables
Sign in for full access| sold Date | Address | List Price | sold Price | DOM |
| 2024-11 | PtLt 32 Conc9 Ontario Hydro Acces Rd, | $42,999 | $38,000 | 36 |
| 2024-11 | 0 CENTRE St, | $139,900 | $137,500 | 47 |
| 2024-11 | 0 Weslemkoon Lake Rd, | $150,000 | $120,000 | 29 |
| 2024-11 | 0 Vachon Rd N, | $115,000 | $95,000 | 168 |
| 2024-11 | 1296 Maki Rd, | $78,000 | $64,000 | 113 |
| 2024-11 | NA Hwy 35, | $84,900 | $65,000 | 49 |
| 2024-11 | 203 North Baptiste Lake Rd, | $199,900 | $150,000 | 88 |
| 2024-11 | 1805 Bay Lake Rd, | $189,000 | $170,000 | 28 |
| 2024-11 | 00 East Rd, | $429,000 | $395,000 | 9 |
| 2024-11 | Lot 8 Jaguar Dr, | $109,900 | $90,000 | 88 |
| 2024-11 | 19 & 21 Railway Terr, | $199,900 | $160,000 | 40 |
| 2024-11 | 1313 LEE'S Rd, | $395,000 | $300,000 | 43 |
| 2024-11 | 33 PACIFIC RD Rd, | $135,000 | $128,000 | 98 |
| 2024-11 | 0 Drag Crt, | $129,900 | $125,000 | 106 |
| 2024-11 | P2 S1/2 LT 24 C3 GLACKMEYER TWP, | $69,900 | $60,000 | 168 |
Statistics: TRREB Market Watch - JUNE 2023
Municipality activity All Property Types
Sale activity
Fort Erie :
Estimated running costs for NA SHAYNE Ave
Based on available 3rd party data
Approximate costs per month
- Mortgage
- $15258 p/m
- Energy
- from $75 p/m
- Water
- from $40 p/m
- Home insurance
- from $20 p/m
- Taxes
- $0 p/m
- Maintenance
- $0 p/m
Amenities:
Features:
Payment calculator
-
Principal and Interest
15258 /mo
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Property Taxes
$0 /mo
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Yearly Condo Fees
$0
* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.
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