$7,800,000
For sale: Vacant Land

Exceptional Development Opportunity in Fort Erie. A rare opportunity to acquire a draft plan-approved residential development site for 98 homes in the growing community of Fort Erie. The approved plan features a diverse mix of housing, including 5 single-family lots, 74 street townhomes, and 18 semi-detached lots. Ideally situated adjacent to the highly successful High Pointe Meadows community, the property offers excellent connectivity and convenient access to the QEW and Canada-U.S. border, while being just minutes from some of the Niagara Region's renowned golf courses and beaches.The Petit Road location is also within walking distance of key community amenities, includingFort Erie Town Hall, the Fort Erie Leisure plex, YMCA Child Care Centre, and the newly constructed Greater Fort Erie Secondary School. With approvals in place, a desirable residential location, and proximity to established amenities and transportation routes, this property represents an outstanding opportunity for builders and developers looking to expand their presence in the Fort Erie market.
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 102 days.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.
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