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3250 Grove Avenue Fort Erie, Ontario L0S 1N0

4 Bedroom 1 Bathroom 1867
2 Level Fireplace None Forced Air Acreage

$1,249,000

Attention Developers! This exceptional property presents an incredible chance to capitalize on the highly sought-after location within the Thunder Bay area of Ridgeway. Boasting a collection of executive-style homes in its immediate vicinity, this land holds immense potential for future growth and prosperity. The true value lies mainly in the land itself, making it a dream investment for forward-thinking developers. Situated on Grove and Parker, this expansive parcel offers the possibility of severing up to 3 building lots on Grove and an additional 4 lots on Parker. As an added advantage, the existing road concludes at the property's edge, granting exclusive access to potential residents. Moreover, the western side of the property gracefully fronts on an unopened road allowance, Gordon Ave, promising even more opportunities for expansion and development. While the current dwelling on the property is in need of repairs, it is being offered AS IS. With tenants currently in place, generating a monthly income of $1275, this investment holds immediate returns while you contemplate the future possibilities. Buyers are expected to conduct thorough due diligence to ascertain the suitability of the property for their development plans. Don't miss out on this remarkable chance to secure prime real estate in the coveted Thunder Bay area. Act swiftly and seize the opportunity to shape this land into a thriving community of executive residences. Schedule a viewing today and unlock the untapped potential of this remarkable property! (id:47878)

Property Details

MLS® Number 40395358
Property Type Single Family
Community Features Quiet Area
Features Crushed Stone Driveway
Parking Space Total 6

Building

Bathroom Total 1
Bedrooms Above Ground 4
Bedrooms Total 4
Architectural Style 2 Level
Basement Development Unfinished
Basement Type Partial (unfinished)
Construction Style Attachment Detached
Cooling Type None
Exterior Finish Vinyl Siding
Fireplace Fuel Wood
Fireplace Present Yes
Fireplace Total 1
Fireplace Type Other - See Remarks
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 1867
Type House
Utility Water Municipal Water

Parking

Detached Garage

Land

Access Type Road Access
Acreage Yes
Sewer Municipal Sewage System
Size Depth 267 Ft
Size Frontage 242 Ft
Size Irregular 1.614
Size Total 1.614 Ac|1/2 - 1.99 Acres
Size Total Text 1.614 Ac|1/2 - 1.99 Acres
Zoning Description R1

Rooms

Level Type Dimensions
Second Level Bedroom 10'6'' x 14'9''
Second Level Bedroom 12'4'' x 14'6''
Second Level Primary Bedroom 11'5'' x 16'5''
Main Level 4pc Bathroom Measurements not available
Main Level Bedroom 8'6'' x 11'6''
Main Level Mud Room 9'0'' x 9'0''
Main Level Laundry Room 8'9'' x 9'0''
Main Level Kitchen/dining Room 11'4'' x 25'0''
Main Level Living Room 21'0'' x 18'6''

Utilities

Electricity Available
Natural Gas Available

https://www.realtor.ca/real-estate/25426082/3250-grove-avenue-fort-erie

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