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Lots & Land in Fort Erie
About 1005 Arthur Street
An exceptional development opportunity in one of Fort Erie's most desirable and growing neighbourhoods. This prime townhouse lot comes with approved configurations for three residential townhouse units, offering builders and investors a rare chance to fast-track their next project.The property's zoning permits the addition of an Accessory Dwelling Unit (ADU) within each townhouse, creating the potential for up to six income-generating living spaces on a single property. Whether you're looking to maximize rental income, create multi-generational living options, or expand your investment portfolio, the possibilities here are outstanding.Ideally situated in a beautiful residential area surrounded by quality homes, parks, amenities, and convenient access to major routes, this lot offers both lifestyle appeal and strong long-term growth potential. Municipal services are readily available at the road, helping streamline the development process and reduce upfront costs.With approvals in place, flexible development options, and an excellent location, this is a turnkey opportunity for developers, builders, and investors looking to capitalize on Fort Erie's continued growth.
Fort Erie land priced at $299,900 — book a tour to see if it fits your search.
Inside 1005 Arthur St
Every detail from the listing, in one place.
Type
Land
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Vacant Land
1005 Arthur St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13723768$299,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 1005 Arthur St Compares to the Fort Erie Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$1,473
/mo
based on the purchase price of $299,900
$59,980 cash
$239,920 financed
$202,076 total interest
Principal54%$239,920
Interest46%$202,076
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Book a tour of 1005 Arthur St with a licensed buyer's agent
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Zara · AI virtual agent
Ask about 1005 Arthur St day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
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Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market59Homes sold in about 59 days on average.
Sale-to-list ratio95.6%On average, homes sold below asking.
Active listings540Homes for sale here right now.
Median vs prior 90 days−1.8%Compared with Apr 26 – Jul 25, 2026: prices down.
Based on 259 sales from Jul 25 – Oct 23, 2026 (164 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 1005 Arthur St
How much is 1005 Arthur St listed for?
1005 Arthur St is listed at $299,900 (MLS® X13723768). Summitly updates the price as soon as the MLS® record changes.
Has the price of 1005 Arthur St changed?
No — 1005 Arthur St is still listed at its original asking price of $299,900.
How many bedrooms and bathrooms does 1005 Arthur St have?
The listing for 1005 Arthur St doesn't publish its bedroom and bathroom count. It is a lot in Fort Erie.
How much would the monthly mortgage be on 1005 Arthur St?
About $1,473 a month — principal and interest on $299,900 with 20% down ($59,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 1005 Arthur St compare with other homes in Fort Erie?
Its asking price of $299,900 is about 45% below the median sold price in Fort Erie over the last 90 days, $550,000, across 259 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 1005 Arthur St been sold before?
Summitly has no earlier MLS® sale or lease of 1005 Arthur St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1005 Arthur St?
1005 Arthur St is in Fort Erie, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1005 Arthur St been on the market?
56 days — 1005 Arthur St was listed on August 28, 2026.
What is the lot size of 1005 Arthur St?
The lot is 50 acres, as published in the listing.
What is the land transfer tax on 1005 Arthur St?
About $2,974 in Ontario land transfer tax at the asking price of $299,900. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 1005 Arthur St or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 1005 Arthur St?
The listing for 1005 Arthur St doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Fort Erie.