- Lot
- 2 – 4.99 acres
- Tax a year
- $5362025 tax year
- Built
- New
- Days on market
- Members
The brief
About North Shayne Ave
North Shayne Ave is vacant land in Crescent Park, Fort Erie, listed for sale at an asking price of $3,499,850 (MLS® X13761504).
PREMIUM RAW LOTS THAT ARE SITE PLAN APPROVED WITH 60 FOOT FRONTAGE EACH!!!! LOTS AT 159K EACH UNSERVICED FOR RARE 60' IN SOUGHT AFTER AREA!! LANDBANK FOR FUTURE HUGE RETURN OR TAKE ADVANTAGE OF HST REBATE AND BUILD IN PREMIUM AREA. BUILDERS AVAILABLE TO HELP. The regulations governing the building sector have undergone substantial modifications, notably the HST rebate applicable to all new constructions valued up to $1.85 million, which aligns perfectly with this project. Firm agreements are eligible for the rebate until March 31, 2027. Additionally, the province of Ontario is poised to reduce development fees by 50%, which is expected to apply in this context as well. This scenario is particularly advantageous for builders pursuing a medium-sized project that aims to highlight high-quality homes in an exceptional area. A draft plan has received approval for 22 premium lots in the desirable Crescent Park district of Fort Erie, presenting significant development opportunities. Each lot features a minimum frontage of 60 feet and a depth of 110 feet, representing a distinctive offering within the city. The R1 zoning designation complements the existing neighborhood aesthetics and supports single-family detached homes projected to exceed a value of $1 million. The servicing for these lots along the proposed Shayne Avenue has been approved, subject to specific conditions available upon request, along with the servicing quote. Minor variances for expanded building envelopes, accommodating features such as three-car garages, are readily achievable. Fort Erie will also allow up to 3 ADU's (Additional Dwelling Units) to be added to increase value or add inlaw opportunities under separate roof on same property. Lots of options!! Investors also have the option to collaborate with multiple builders for project execution, highlighting a compelling opportunity for developers aiming for high returns in a prime location.
Insights
Condition Score
Fair64/1002 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $536 / 2025
- MLS® number
- X13761504
- Board
- TRREB MLS®
- Property Type
- Vacant Land
- Building Age
- New
- Days on market
- Lot Size
- 2 – 4.99 acres
- Listed on
Property details
Property
- Property Type
- Vacant Land
- Style
- Other
- Community
- Crescent Park
- Municipality
- Fort Erie
Building
- Building Age
- New
Utilities
- Water
- Other
Land
- Sewer
- Other
- Lot Size
- 2 – 4.99 acres
Additional
- Extras
- All plans and work done to get site plan approved and connections who did work will be given.
Rooms
Room details unavailable
The listing source did not provide room-level measurements or features.
Listing history
Buy/sell history for North Shayne Ave, Fort Erie, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $3,499,850 | N/A | For Sale | X13761504 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $699,970
- Total mortgage amount
- $2,799,880
- Total interest payment
- $1,990,220
- Total purchase cost
- $5,490,070
- Mortgage payment
- $15,967/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
—Monthly carrying cost
$16,012- Rent $0
- Shortfall $16,012
Rental income starts at $0: enter the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $73,971
- Total land transfer tax
- $73,971
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $69,971
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $2,000,000
- $32,000
- 2.5% from $2,000,000 to $3,499,850
- $37,496
- Ontario total
- $73,971
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Lot size
- 2 – 4.99 acresAs the board bands it
The record marks this lot irregular, so its area is not the frontage multiplied by the depth. It is not given here. The record gives a size band for this lot, not measured dimensions. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by GeoWarehouse.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation2
- No mapped wetland within 120 m120 m
- 1 water-supply well recorded within 250 mIt was drilled for domestic use. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 5.6 m.250 m
Province of Ontario open data
Planning and building activity2
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- Nearest airport: 2.0 km2 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is FLEET CANADA INC, 2.5 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Canadian Niagara Power Inc.At the address
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Cogeco Connexion. Cable: Cogeco Connexion. DSL: Bell. Fixed wireless: Bell, Last Mile Wireless Internet, Rogers, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Niagara Peninsula Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
The market
Lots for sale in Crescent Park right now
- For sale now
- 28
- Median asking price
- $475K
- New in 7 days
- 0
- Price cuts
- 11%
Middle half: $267K to $1.35M
3 in 28 days
3 listings
This home is asking 637% above the median, higher than three quarters of them.
See all homes in Crescent ParkAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| St Philomena Catholic Elementary SchoolNiagara CDSB | Catholic · grades JK–8 | 250 m | 80%Grade 6 average |
| Garrison Road Public SchoolDSB Niagara | Public · grades JK–8 | 1.1 km | 86%Grade 6 average |
| Peace Bridge Public SchoolDSB Niagara | Public · grades JK–8 | 3.9 km | 94%Grade 6 average |
| Our Lady of Victory Catholic Elementary SchoolNiagara CDSB | Catholic · grades JK–8 | 4.6 km | 71%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Greater Fort Erie Secondary SchoolDSB Niagara | Public · grades 9–12 | 1.1 km | 52%Grade 9 math |
| Lakeshore Catholic High SchoolNiagara CDSB | Catholic · grades 9–12 | 23 km | 48%Grade 9 math |
| Eastdale Secondary SchoolDSB Niagara | Public · grades 9–12 | 23 km | 43%Grade 9 math |
| École secondaire Franco-NiagaraConseil scolaire Viamonde | French-language public · grades 9–12 | 23 km | 48%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
Similar Active Listings
Recently sold nearby
Sold prices in Crescent Park are shown to signed-in members.