Sold on behalf of TDB Restructuring Limited, Court Appointed Receiver. The property is a draft plan approved residential development site. Located in the Bridgeburg area of Fort Erie, the site is positioned within close proximity to major amenities within Fort Erie, as well as easy access to the highway, major arterial roads and The Peace Bridge. The site has a gross area of 85 acres with approximately 67 acres being developable. The current draft plan is approved for 900residential units, however, there is a pending application to increase density on the site to 1,183 units. A Record of Site Condition (RSC) has been completed and filed in the Environmental Site Registry. Great opportunity for a developer to purchase a large scale, phased project, located in a gentrifying location with significant support from the town to develop the property.
