$1,699,900
For sale: Vacant Land

Discover an outstanding development opportunity in a prime location. This property includes Site Plan Approval, to be provided on closing, for a proposed mixed-use project featuring 36 residential units, 2 commercial spaces, and covered ground-level parking.Ideally situated within walking distance to the lake, the Friendship Trail, restaurants, shopping, banks, pharmacies, and other everyday amenities, this site offers both strong lifestyle appeal and excellent future potential.A substantial amount of due diligence and pre-development work has already been completed, including ESA Phase 1 and Phase 2 reports, delineation, archaeological and geotechnical investigations, abatement reports, detailed survey work, topographical studies, servicing engineering, landscape architectural plans, architectural renderings, noise and traffic studies, and civil engineering plans.Zoned CMU1-447, this is a rare turnkey opportunity for developers looking to move forward with confidence.
Sold data
Homes in Lakeshore took a median of 34 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 77, across 59 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 89 days.
The median sale price was $599,000.
Homes sold for about 2.3% below asking on average, so there was room to negotiate.
About 7% of sales closed above the list price.
Around 32% of sellers reduced their price before finding a buyer.
Based on 59 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Fort Erie (Lakeshore) 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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