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Investment Highlights

  • 63-unit site plan approved apartment development opportunity
  • Well-designed project with excellent visibility and exposure in a growing residential area
  • Offering an attractive entry point for investors and developers
  • Located just off Garrison Road in Fort Erie
  • Priced at under $30,000 per approved unit
  • Approved plans include 95 surface parking spaces and a practical, marketable building design

Executive Summary

3-unit site plan approved apartment development opportunity located just off Garrison Road in Fort Erie. Well-designed project with excellent visibility and exposure in a growing residential area. Priced at under $30,000 per approved unit, this development offers an attractive entry point for investors and developers. The approved plans include 95 surface parking spaces and a practical, marketable building design. With increasing demand for rental housing and continued growth throughout Fort Erie, this is a rare opportunity to acquire a ready-to-develop multi-residential project at an affordable basis.

Property Facts

Price $1,595,000 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
Total Lot Size 1.38 AC
Zoning RM1-810 & RM1-809 - Residential Multiple 1 & Residential Multiple 2

1 Lot Available

Lot

Price $1,595,000 CAD
Price Per AC $1,155,797.10 CAD
Lot Size 1.38 AC

±1.38-acre residential development site with site plan approval for a 63-unit apartment project. Located just off Garrison Road with approved plans for 95 parking spaces and convenient access to the QEW and U.S. border.

Description

1023 Arthur Street is a ±1.38-acre residential development site located in Fort Erie, Ontario. The property benefits from Residential Multiple zoning designations and has site plan approval for a 63-unit apartment development. Approved plans include 95 surface parking spaces and a multifamily building layout designed for long-term residential occupancy. Situated just off Garrison Road, the property offers convenient access to local services, residential neighborhoods, and major transportation infrastructure. The site is approximately 2 km from the Queen Elizabeth Way (QEW) and minutes from the Peace Bridge border crossing to Buffalo, New York. Its location within the Niagara Region provides connectivity to Niagara Falls, Welland, Port Colborne, and St. Catharines. The combination of approved development status, established residential surroundings, and regional accessibility positions the property as a notable multifamily development opportunity.

Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
  • Listing ID: 41860982

  • Date on Market: 2026-08-24

  • Last Updated:

  • Address: 1023 Arthur St, Fort Erie, ON L2A 4J1

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