$1,250,000
Fort Erie
203 Niagara Boulevard, Fort Erie (Central), Ontario, L2A3G7
This multi-family property in Fort Erie is for sale offering roughly 13,207 sq ft of space.
Rare offer - Builders and investors! Site plan approved (A truly exceptional ready-to-go development site) for a boutique low-rise 4 storeys condo with breathtaking waterfront views facing New York State in Niagara for sale! Originally appraised at $3.5M, NOW it's $1.25M under Power of Sale! * Steps to Niagara River Public Boat Launch; 5 Minutes drive to The Peace Bridge (which overlooks the Niagara River and connecting Canada and US Border Services Agency); 5 minutes to Great golf clubs and Horse race track; 18 minutes from Crystal Beach; 20 Minutes To Niagara Falls; 30 Minutes To Buffalo International Airport. * Blending luxury living with rare commercial flexibility. The approved concept features modern architecture with expansive glass and private balconies. Ground floor designed for vibrant retail or live/work possibilities, enhanced by a dramatic riverfront backdrop. * Surrounded by convenient amenities: restaurants, supermarkets, cafes, and shops and minutes to schools, libraries, museums, local parks, and sports centre. Beautiful natural scenery-perfect for walking, fishing, birdwatching, and enjoying stunning sunsets over the water. * Diversified economy, strengthened by its strategic trade location and direct access to the U.S. border infrastructure via the Peace Bridge. A major recent development by Siltech Corporation's $100 million investment in a new manufacturing facility. The town also benefits from a strong tourism sector, attracting approximately 600,000 visitors each year. * Don't miss out on this shovel-ready project! A rare chance to deliver a landmark development in a growing, high-demand area! Thank you for your interest and I look forward to talking to you soon! The sale shall be made on an "as-is, where-is" basis. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 119 days on market, against an average age of 101 days across the listings currently for sale in this city
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.
This multi-family in Fort Erie (Central) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $1,250,000, about 17.2× the local median household income of $72,500.
Carrying it typically needs a household income of about $244,169 (20% down, 25-yr amortization, stress-tested) — roughly 237% above the area median.
Source: Statistics Canada, 2021 Census (FSA L2A)
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Loading rates, 30-yr amortization
Cash Needed to Close
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