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1005 Arthur Street

1005 Arthur Street

Fort Erie, ON

  • Vacant Land
  • 84 days on market
$350,000

An exceptional development opportunity in one of Fort Erie's most desirable and growing neighbourhoods. This prime townhouse lot comes with approved configurations for three residential townhouse units, offering builders and investors a rare chance to fast-track their next project.The property's zoning permits the addition of an Accessory Dwelling Unit (ADU) within each townhouse, creating the potential for up to six income-generating living spaces on a single property. Whether you're looking to maximize rental income, create multi-generational living options, or expand your investment portfolio, the possibilities here are outstanding.Ideally situated in a beautiful residential area surrounded by quality homes, parks, amenities, and convenient access to major routes, this lot offers both lifestyle appeal and strong long-term growth potential. Municipal services are readily available at the road, helping streamline the development process and reduce upfront costs.With approvals in place, flexible development options, and an excellent location, this is a turnkey opportunity for developers, builders, and investors looking to capitalize on Fort Erie's continued growth.

Listing Details

Taxes (2025)
$3,364
Listed
June 5, 2026

Price History

Listing history

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Property

Lot Size
81.14 x 88.98 Feet

Location & Legal

Cross Street
Burwell Street to Arthur Street
Parcel Number
642180723
Possession
Flexible
Occupancy
Vacant

Schools

Elementary

  • Peace Bridge Public School1.3 km

    Public · DSB Niagara · 415 students

    Grade 3 reading: 93% met the provincial standard · Grade 6 math: 92% met the provincial standard

  • Garrison Road Public School2 km

    Public · DSB Niagara · 470 students

    Grade 3 reading: 94% met the provincial standard · Grade 6 math: 77% met the provincial standard

  • Our Lady of Victory Catholic Elementary School2.1 km

    Catholic · Niagara CDSB · 280 students

    Grade 3 reading: 80% met the provincial standard · Grade 6 math: 40% met the provincial standard

Secondary

  • Greater Fort Erie Secondary School3.7 km

    Public · DSB Niagara · 1090 students

    Grade 10 literacy: 86% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area L2A

Population
17,293
Private dwellings
7,783
Median age
49.2
Average household size
2.3
Median household income
$72,500

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Freehold in Fort Erie · last 12 months

Median sold price
$545,000
Homes sold
642
Median days on market
43
Sale-to-list price
95.5%

Based on 642 recorded sales of residential freehold properties in Fort Erie over the last 12 months.

Listed by

RE/MAX NIAGARA REALTY LTD, BROKERAGE

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$70,000

Estimated Monthly Payment

$1,719

Land transfer tax

Estimated land transfer tax$3,725

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $1,719/mo (20% down, 5.5%)

Taxes: $280/mo · Insurance: $88/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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Reita said:

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