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For saleMLS® X13723768

1005 Arthur Street, Fort Erie, ON L2A 4J2

Lakeshore · L2A 4J2

$299,900

2 months on market

Lot
81.14 × 88.98 ft

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About this property

An exceptional development opportunity in one of Fort Erie's most desirable and growing neighbourhoods. This prime townhouse lot comes with approved configurations for three residential townhouse units, offering builders and investors a rare chance to fast-track their next project.The property's zoning permits the addition of an Accessory Dwelling Unit (ADU) within each townhouse, creating the potential for up to six income-generating living spaces on a single property. Whether you're looking to maximize rental income, create multi-generational living options, or expand your investment portfolio, the possibilities here are outstanding.Ideally situated in a beautiful residential area surrounded by quality homes, parks, amenities, and convenient access to major routes, this lot offers both lifestyle appeal and strong long-term growth potential. Municipal services are readily available at the road, helping streamline the development process and reduce upfront costs.With approvals in place, flexible development options, and an excellent location, this is a turnkey opportunity for developers, builders, and investors looking to capitalize on Fort Erie's continued growth.

Property details

Property

Property type
vacant land
Lot size
81.14 × 88.98 ft
Possession
tbd

Interior

Exposure
East

Costs

List price
$299,900
Property taxes
$3,364 / year (2025)

Listing

MLS® number
X13723768
Status
For sale
Listed
August 28, 2026
Days on market
68
Last updated
August 28, 2026
Listing brokerage
RE/MAX NIAGARA REALTY LTD, BROKERAGE

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced in line with comparable listings — about 40% of comparable vacant land listings in Lakeshore are asking less.

$113KMedian $482K$1.89M

Based on 10 comparable active vacant land listings in Lakeshore. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.0% · minimum $14,995
$14,995
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$1,575.29
Property tax (est.)
$280.33
Estimated monthly
$1,856

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$2,974
Total due on closing
$2,974

An estimate on the asking price of $299,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RE/MAX NIAGARA REALTY LTD, BROKERAGE. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$299,900

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Comparable sales nearby

What similar homes in this area actually sold for.

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