Prime Residential SHOVEL READY Development Opportunity - HOT DEAL. Attention investors, builders, and developers-this is your chance to secure an exceptional residential development opportunity in a thriving community of Fort Erie. This strategically located parcel is priced significantly below its appraised value and was fully approved in 2025 for the development of eight freehold executive townhomes.Key development advantages include:Ready-to-Build: Town and region plan of subdivision approval completed in 2025. Essential Reports Completed: Environmental Impact Study (EIS), Geotechnical Report with soil test data and detailed civil stormwater management report with grading plans are ready.Comprehensive Documentation: Civil, architectural, landscape, mechanical, and electrical drawings, plus professional land appraisal report available for serious buyers. Zoned RM1: Ideal for multi-residential, medium-density development.Financing ready: Experienced Capital broker team ready to get approval for the qualified purchaser through CMHC MLI program or private lending. Vendor Take-Back (VTB): May be considered with some conditions.Surrounded by extensive brand new subdivision development by mountainview homes with phase 1 sold out within days!Perfectly located near major highways, the U.S. border, and commercial hubs featuring Walmart, Canadian Tire, banks, restaurants, grocery stores, and more, this location is ideal for families and professionals alike. Additionally, surrounded by modern developments, residents will benefit from proximity to top-tier schools, daycare centers, parks, beaches, a brand-new arena, and community spaces.The buyer to pay the development charges, permit fee and other city fees. With Niagara Region's population projected to grow by 40% by 2041, this is an extremely rare and highly lucrative opportunity for the right developer to invest in one of Canada's fastest developing region. Serious inquiries only.
148 days
|
2
|
0
|
Zillow last checked:
Listing updated:
Listed by:
RIGHT AT HOME REALTY INC.
Source: TRREB,MLS®#: X12827464Originating MLS®#: Toronto Regional Real Estate Board
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 0
Bathrooms: 0
Features
None
Interior area
Living area range: < 700 null
Property
Features
Waterfront features: None
Lot
Size: 0.42 Acres
Details
Parcel number: 642360668
Utilities & green energy
Sewer: Sewer
Community & HOA
Location
Region: Fort Erie
Financial & listing details
Annual tax amount: C$400
Date on market: 2/27/2026
RIGHT AT HOME REALTY INC.
RIGHT AT HOME REALTY INC.
By pressing Contact Agent, you agree that the real estate professional identified above may call/text you about your search, which may involve use of automated means and pre-recorded/artificial voices. You don't need to consent as a condition of buying any property, goods, or services. Message/data rates may apply. You also agree to our Terms of Use. Zillow does not endorse any real estate professionals. We may share information about your recent and future site activity with your agent to help them understand what you're looking for in a home.