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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision 332 - Central
MLS Listing ID X12508988
Annual Tax Amount $4,239
Tax Year 2024
Property Sub-Type Investment
Property Description
Unrivalled Waterfront Opportunity In The Heart Of Fort Erie Steps From The Peace Bridge And Overlooking The Niagara River With Breathtaking Views Across To New York. Recently Appraised At $3.5 Million, This 0.28-Acre Parcel Is Fully Approved And Ready To Break Ground On A Boutique 4-Storey Residence, Blending Luxury Living With Rare Commercial Flexibility. The Approved Concept Features 16 Exclusive Units, Modern Architecture With Expansive Glass And Private Balconies, And A Ground Floor Designed For Vibrant Retail Or Live/Work Possibilities All Set Against A Dramatic Riverfront Backdrop. Every Key Report And Study Has Already Been Completed, From Environmental And Geotechnical To Traffic, Noise, And Stormwater, Streamlining The Path To Construction And Eliminating Costly Delays. The Location Is Unmatched: 5 Minutes To The Peace Bridge, 20 Minutes To Niagara Falls, 30 Minutes To Buffalo International Airport, And Moments From Crystal Beach, Bridgewater Country Club, The Fort Erie Race Track, And Local Parks. Fort Erie Itself Is Thriving With Over 90 New Businesses Launched Since 2021, A $100M Corporate Investment In New Manufacturing, And One Of The Tightest Supplies Of Waterfront Condos Anywhere In Niagara. With Interest Rates Expected To Ease And Demand For Boutique Product Surging, This Shovel-Ready Project Represents A Rare Chance To Deliver A Landmark Development In A Growing, High-Demand Market. A Turn-Key Opportunity That Fuses Luxury, Location, And Long-Term Upside The Kind Of Offering That Doesn't Come Along Twice.
Location
Province ON
County Niagara
Community 332 - Central
Area Niagara
Interior
Cooling No
Exterior
Utilities Available Yes
Lot Frontage 100.84
Lot Depth 138.79
Others
ParcelsYN No
Listed by RE/MAX REALTY ENTERPRISES INC.
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