$1,250,000
For sale: Multiplex

Rare offer - Builders and investors! Site plan approved (A truly exceptional ready-to-go development site) for a boutique low-rise 4 storeys condo with breathtaking waterfront views facing New York State in Niagara for sale! Originally appraised at $3.5M, NOW it's $1.25M under Power of Sale! * Steps to Niagara River Public Boat Launch; 5 Minutes drive to The Peace Bridge (which overlooks the Niagara River and connecting Canada and US Border Services Agency); 5 minutes to Great golf clubs and Horse race track; 18 minutes from Crystal Beach; 20 Minutes To Niagara Falls; 30 Minutes To Buffalo International Airport. * Blending luxury living with rare commercial flexibility. The approved concept features modern architecture with expansive glass and private balconies. Ground floor designed for vibrant retail or live/work possibilities, enhanced by a dramatic riverfront backdrop. * Surrounded by convenient amenities: restaurants, supermarkets, cafes, and shops and minutes to schools, libraries, museums, local parks, and sports centre. Beautiful natural scenery-perfect for walking, fishing, birdwatching, and enjoying stunning sunsets over the water. * Diversified economy, strengthened by its strategic trade location and direct access to the U.S. border infrastructure via the Peace Bridge. A major recent development by Siltech Corporation's $100 million investment in a new manufacturing facility. The town also benefits from a strong tourism sector, attracting approximately 600,000 visitors each year. * Don't miss out on this shovel-ready project! A rare chance to deliver a landmark development in a growing, high-demand area! Thank you for your interest and I look forward to talking to you soon! The sale shall be made on an "as-is, where-is" basis.
Sold data
Homes in Fort Erie (Central) took a median of 37 days to sell over the last 90 days, with the quickest quarter selling within 18 days and the slowest quarter taking more than 77, across 183 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 69 days.
The median sale price was $549,000.
Homes sold for about 3.6% below asking on average, so there was room to negotiate.
About 7% of sales closed above the list price.
Around 34% of sellers reduced their price before finding a buyer.
Based on 183 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Fort Erie (Central) 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

$1,350,000
Vacant Land0 DOMINION ROAD, 334 - Crescent Park, Fort Erie

$1,500,000
Other625 INDUSTRIAL DRIVE, 332 - Central, Fort Erie

$1,290,000
Other5 COURT STREET, 451 - Downtown, St. Catharines

$1,299,000
Detached1498 FIRELANE 2, 874 - Sherkston, Port Colborne

$1,499,000
Other282 RIDGE ROAD N, 335 - Ridgeway, Fort Erie

$999,000
Townhouse19 STONERIDGE CRESCENT, 105 - St. Davids, Niagara-on-the-Lake

$999,500
Detached611 VICTORIA STREET, 101 - Town, Niagara-on-the-Lake

$1,149,900
Detached9 ANCHOR ROAD, 556 - Allanburg/Thorold South, Thorold