North Shayne Avenue
Fort Erie, ON
- Vacant Land
- 10 days on market
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.
Listing Details
- Taxes (2025)
- $536
- Listed
- September 9, 2026
Price History
Listing history
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Property
- Age
- New
- Interior
- Other
Utilities
- Sewer
- Other
Location & Legal
- Cross Street
- At corner of Daytona Dr. and Evelyn St.
- Zoning
- R1
- Parcel Number
- 644690243
- Possession
- Flexible
- Occupancy
- Vacant
Included
- Inclusions
- All plans and work done to get site plan approved and connections who did work will be given.
Schools
Elementary
- St Philomena Catholic Elementary School0.2 km
Catholic · Niagara CDSB · 265 students
Grade 3 reading: 96% met the provincial standard · Grade 6 math: 56% met the provincial standard
- Garrison Road Public School1.1 km
Public · DSB Niagara · 470 students
Grade 3 reading: 94% met the provincial standard · Grade 6 math: 77% met the provincial standard
- Peace Bridge Public School3.8 km
Public · DSB Niagara · 415 students
Grade 3 reading: 93% met the provincial standard · Grade 6 math: 92% met the provincial standard
Secondary
- Greater Fort Erie Secondary School1.1 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
- $544,000
- Homes sold
- 633
- Median days on market
- 42
- Sale-to-list price
- 95.5%
Based on 633 recorded sales of residential freehold properties in Fort Erie over the last 12 months.
Listed by
ROYAL LEPAGE NRC REALTY
Walk Score
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Scores by Walk Score®
Location
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Mortgage Calculator
$699,970
Estimated Monthly Payment
$17,194
Land transfer tax
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: $17,194/mo (20% down, 5.5%)
Taxes: $45/mo · Insurance: $875/mo
Estimates only. Consult a financial advisor.
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