Description

Prime 25.57 acre vacant land parcel on Kraft Road, Fort Erie, ON offering approx. 1,615 ft of frontage. Located within the Urban Boundary and just minutes to the Q.E.W. and The Peace Bridge, a premier Canada/U.S.international border crossing. This vacant and parcel offers strong cross-border access and excellent long-term investment potential in a strategic Fort Erie corridor. An additional one acre portion of the property was previously severed and sold for commercial use. Property features approx. 10.35 ha, 1,681 ft rear boundary, 676-679 ft depth, Neighbourhood designation, and proximity to the Garrison Road commercial corridor and Bill's Toyota. Fort Erie Official Plan growth framework supports long-term land value. *For Additional Property Details Click The Brochure Icon Below* (id:66096)

Market Timing

Days on market

40d

Fort Erie (Crescent Park) listings, avg age

86d

List price

$35M

Homes here sell slower than most markets

Sold homes in this market spent an average of 62 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This vacant land in Fort Erie (Crescent Park) has been listed for 40 days, which is 46 days fresher than the city average of 86. Act while there is still low competition.

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Area context

Neighbourhood profile (L2A)

This home lists at $35,000,000, about 482.8× the local median household income of $72,500.

Carrying it typically needs a household income of about $6,836,725 (20% down, 25-yr amortization, stress-tested) — roughly 9330% above the area median.

Median household income: $72,500
Population: 17,293
Median age: 49.2
Owner / renter: 74% / 26%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA L2A)

$35,000,000

For sale

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Financing

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0 Kraft Road, Fort Erie (Crescent Park) - Vacant Land for Sale

Description

Property Details

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (L2A)

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