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For sale: Vacant Land

Residential development opportunity in Fort Erie. Approx. 5.2 acres across two parcels (PIN 642360237 - 2.971 acres and PIN 642360230 - 2.234 acres), to be sold together. Planned for 61 freehold townhomes with site plan application in progress and a comprehensive package of supporting technical studies completed.Positioned at Albion Ave & Florence St, minutes to the Peace Bridge, U.S. border, Niagara Falls and Crystal Beach, within a growing Niagara region market experiencing continued residential demand.All completed studies available with conditional offer.
Sold data
Vacant Land homes in Fort Erie (Crescent Park) took a median of 66 days to sell over the last 730 days, with the quickest quarter selling within 27 days and the slowest quarter taking more than 112, across 30 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 102 days.
The median sale price was $199,450.
Homes sold for about 11.1% below asking on average, so there was room to negotiate.
About 0% of sales closed above the list price.
Around 23% of sellers reduced their price before finding a buyer.
Based on 30 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Fort Erie (Crescent Park) has 5 Fraser Institute–rated schools (4 elementary and 1 secondary), averaging 6.5/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

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