Overview
- Updated On:
- March 30, 2023
Description
NEW PRICE!! Great opportunity for developers and investors with this prime parcel of land situated in one of Niagara’s hottest developing locations! This 2.45 acres property provides 265 feet of frontage, walking distance to the revitalized Historic downtown of Ridgeway, 10mins from the U.S. border, 15 minutes to Niagara Falls, and less than 2km from the shores of Lake Erie, Bay Beach and exciting new restaurants and shops! This popular summer location continues to attract buyers to this beautiful growing community. Development approved for medium density of up to 4 storeys – maximum of 100 condo units, or potential for townhomes. Currently a 2 storey, 1554sqft 4 bed, 1.5 bath home with double car garage sits along the north section of the property, which could provide rental income while the land is developed. Vendor has completed Pre-Con with Town of Fort Erie. EIS & Archaeological Studies complete & available. Concept drawings in place. Buyer to complete their own due diligence with the town of Fort Erie. Call today for more details.
- Principal and Interest
- Property Tax
- HOA fee