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$ 4,980,000
Est. payment /mo
New
50 Gilmore RD Fort Erie, ON L2A 2M1
7 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Square Footage 7 sqft
Price per Sqft $711,428
Subdivision 332 - Central
MLS Listing ID X12399910
Tax Year 2025
Property Sub-Type Land
Lot Depth 857.0
Lot Front 598.0
Property Description
Discover the potential of this 7.26 +/- acres property strategically located in Fort Erie, this site offers a phenomenal opportunity for redevelopment in a thriving Niagara community. With the potential for rezoning, the property presents a rare chance to explore high-density residential or mixed-use development, with potential for mid-rise apartments, multi-family dwellings, or other innovative projects (subject to approvals).With convenient access to major roads, local amenities, and the broader Niagara region, this property is ideally positioned for developers, investors, or innovative builders looking to capitalize on Fort Erie's growing market. Please Note: Prospective buyers are encouraged to conduct their own due diligence regarding zoning, approvals, and development potential to confirm feasibility. The land is to be sold as-is, where-is. The purchaser assumes the responsibility for any demolition or rezoning. Studies available with an accepted offer include: Archaeological Assessment (Stage 1), Environmental Site Assessment (Phase I & II), Noise Feasibility Study, Transportation Impact Study, Functional Servicing Report, PCB Audit Report, Designated Substance and Hazardous Material Study, and Topographic and Surveyors Real Property Reports. The Property is subject to an unregistered easement in favour of the Town of Fort Erie for an existing storm gravity main. Purchasers are advised to satisfy themselves with respect to the nature and extent of this easement as part of their due diligence.
Location
Province ON
County Niagara
Community 332 - Central
Area Niagara
Zoning Public, Open Space
Exterior
Utilities Available Available
Lot Frontage 598.0
Lot Depth 857.0
Listed by ROYAL LEPAGE NRC REALTY COMPASS ESTATES
