The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
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.
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Owners vs Renters
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What’s NearbyDistances approximate
No nearby school data is available for this listing.
Transit score information is not available for this listing.
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Always confirm school catchments with the local school board.
Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$5,029/mo
Mortgage (principal + interest)$4,676
Property taxFrom listing: $4,239/yr$353
Minimum $100,000 down for this price; the slider moves in whole percent, starting at 8%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$250,000
Ontario land transfer taxProvincial brackets, no first-time refund$21,475
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$274,275
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Fort Erie has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
