$8,950,000
For sale: Vacant Land

This 77-unit fully serviced site is approximately 11.8 acres, including roadways. It is accessed from Rebstock Road, Elmwood Avenue, and Schooley Road, and consists of a registered vacant land condominium with 49 townhouse lots, with an average frontage of approximately 35.4 feet, as well as 28 freehold lots for single detached residences, with an average frontage of approximately 49.30 feet, fronting on Elizabeth Road, a municipal roadway. Property is being sold As Is, Where Is.
Sold data
Vacant Land homes in Fort Erie 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 102 days.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 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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