Listed for:Listed Jul 6, 2026
$2,750,000

97 Gorham Road

Fort Erie (Ridgeway), ON L0S 1N0

Vacant Land For Sale
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Sale & Price History for 97 Gorham Road, Fort Erie, Ridgeway

No listing history available

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About 97 Gorham Road, Fort Erie, Ridgeway

Summarized Description

  • Exceptional investment opportunity at 97 Gorham Road.
  • Approved for 72 residential units.
  • Ideal for high-density residential development.
  • Located in a growing, desirable area.
  • Excellent access to transportation routes.
  • Close to shopping, schools, and parks.
  • Strong demand for housing in the region.
  • Tremendous long-term value potential.

72 Unit Development Opportunity - An exceptional investment opportunity awaits at 97 Gorham Road. This rare development property comes with approvals in place for 72 residential units, providing developers and investors with the ability to move forward on a high-density residential project in a growing and highly desirable location.Positioned on a well-located site with excellent access to major transportation routes, shopping, schools, parks, and everyday amenities, this property offers tremendous long-term value in an area experiencing continued residential growth and strong housing demand.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$10,898
Land Transfer Tax Fee
$55,225

Interior Features

Fireplace/Stove
No
Elevator
No

Building

Building Type
Land

Lot

Lot Front
240.62 ft
Lot Depth
290.79 ft

Heating & Cooling

Water
Municipal
Sewers
Sanitary

Municipality
Fort Erie
Neighbourhood
Ridgeway
Main cross streets
Farr
Zoning
RM2-767
Directions
Gorham

MLS® number
X13527476
Data source
Toronto Regional Real Estate Board
Listed on
2026-07-06
Updated on
2026-07-06
Days on market
101 days
Possession type
Immediate
Co-op commission
2%+hst
Seller
Listed by
FAMILY REALTY NIAGARA INC, BROKERAGE

Home Market Value

Current home valuation for 97 Gorham Road, Fort Erie, Ridgeway, Fort Erie, ON. Listed for $2,750,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 97 Gorham Road, Fort Erie, Ridgeway

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

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Fort Erie, ON
Minimum Down Payment Required:20.0%

20% required for homes $1.5M or more

Minimum down payment

$550,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$0$0$0$0
=Total mortgage
$2,200,000$2,062,500$1,925,000$1,787,500
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$10,742monthly$10,070monthly$9,399monthly$8,727monthly
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Land Transfer Tax

Provincial

$55,225

Total Land Transfer Tax

$55,225

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