10 days on Market

591 Sims Ave, Fort Erie, Ontario L2A 1N4

Land
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-
- sqft
$300,000
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Land
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Highlights

Property Estimate

Days on market10 days

Estimated valueNot available

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Description

Being sold together with (X12424907 and X12425128) Amazing opportunity for investors, developers or home owners. With this amazing 204ft of frontage you have have several opportunities. 1st option is the opportunity to develop single family homes or homes with an accessory apartment building (R2 zoning). 2ndly for developers they could rezone and build townhouses with basement suites and build it affordably with the CMHC MLI select program with minimum downpayment and amortized over 50 years, creating incredible cash flow from such a unique and versatile location. 3rdly any home owner could build their own beautiful large home, or build a home on each lot for a family member creating a comfortable, private and well located multi generational living situation. You can easily walk to Nofrills, Walmart, Starbucks, and much more! With this much land you've got options, just let your imagination to the work.


Property Details

StyleOther
View-
Age of property-
SqFt-
Lot Size9,986 SqFt(124.5 x 80.21)
Parking Spaces-
MLS ®NumberX12425128
Community NameFort Erie Lakeshore
Data SourceTRREB
Listing byEXP REALTY

Features

Lot size: 9,986 SqFt

Property listed by EXP REALTY, Brokerage
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Market Data - Fort Erie Lakeshore

Geo Zone Map ThumbnailFort Erie Lakeshore

Strong Buyer's Market

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Land - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

70 days

Compared to

2024

130 days

2023

51 days

2022

71 days

New Listings

Past 30 days

27 listings

Compared to

2024

25 listings

2023

53 listings

2022

29 listings

Units sold

Past 30 days

5 units

Compared to

2024

2 units

2023

10 units

2022

6 units

Median Sold Price

Past 30 days

$600,000

Compared to

2024

$625,950

2023

$498,100

2022

$633,900


Population and Demographics

Overview

Total population 4329
Average household income $105,754

Age (%)

0 to 19
18%
20 to 34
14%
35 to 49
15%
50 to 64
24%
65 and plus
29%

Household composition (%)

Single family
66%
Single person
30%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
90%
Others
4%
Italian
2%
French
2%
Spanish
1%

House tenancy (%)

Owners
74%
Renters
26%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget