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Cushman & Wakefield | Waterloo Region
Cushman & Wakefield | Waterloo Region
Cushman & Wakefield | Waterloo Region
Property Details
- Property Type Retail
- Property Size 5,997 SF
- Lot Size 6.39 Acre
- Date Updated Jun 23, 2026
644 Garrison Road, Fort Erie — Rare Mixed-Use Investment & Development Opportunity An exceptional opportunity to acquire a fully occupied, income-producing retail asset with significant residential development potential in Fort Erie’s primary commercial corridor. Situated on 6.39 acres along Garrison Road, this property offers 5,997 SF of fully leased retail, nearby Walmart, No Frills, and Sobeys. The true upside lies in the 3.2acres of shovel-ready residential land, approved for a 7-storey, 220-unit purpose-built rental development including 70 affordable housing units— with a Site Plan Approval already in place. Purchasers benefit from an extraordinary incentive package including development charges frozen at 2024 values, Niagara Regional Property Tax Incentive for the next 10 years, $1,250,000 in Affordable Housing Grants, and CMHC qualification, dramatically reducing the cost and risk of the residential build. With the Town of Fort Erie and Niagara Region actively supporting this project to address a documented affordable housing shortage, this asset is strategically positioned at the intersection of stable retail income and high-demand residential development. Site Plan Agreement is ready pending the Buyer’s requirements. All items that are presented here are to be confirmed by the Buyer.
Reach out to the broker for more info on lease terms and amenities
Getting around
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49/100
Walk Score ®
-
28/100
Bike Score ®
Location
- City Fort Erie, ON
- Neighborhood Garrison Village - Riverwalk
- Postal Code L2A 1N4
Points of Interest
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Esso
0.59 miles
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Canadian Tire
0.69 miles
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Pioneer
0.93 miles
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Gales
1.17 miles
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Petro-Canada
1.32 miles
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Flying J
1.84 miles
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GOCO
6.18 miles
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Shell
6.31 miles
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Erie Road Park ($3.00 Parking)
7.06 miles
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Paid Parking
7.21 miles
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Yukiguni II
0.05 miles
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Little Caesars
0.40 miles
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M&J's
0.43 miles
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Garrison Grill
0.46 miles
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McDonald's
0.57 miles
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Chuck's Roadhouse
0.57 miles
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Pizza Pizza
0.66 miles
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KFC
0.68 miles
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Subway
0.72 miles
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Pita Pit
0.75 miles
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Walmart Supercentre
0.26 miles
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No Frills
0.28 miles
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Bulk Barn
0.36 miles
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Sobeys
0.45 miles
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Canadian Tire
0.74 miles
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Garrison General Store
0.96 miles
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Peace Bridge Duty Free
0.98 miles
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Joe’s Independent Grocer
6.34 miles