Prime Investment Opportunity 250 Phipps St, Fort Erie - An exceptional 1.246-acre development site in Fort Erie, site plan approved for a four-storey, 43-unit multi-residential building. Previously home to the original Rose Seaton School, this site carries forward its legacy as Rose Seaton Heights, a key addition to the revitalization of this growing north-end neighborhood. For those looking to move forward seamlessly, an optional development package is available for purchase, which includes all necessary studies, reports, and plans, along with prepaid Development Fees, providing a significant cost and time advantage. The buyer will be responsible for separately paying permit fees to the Town of Fort Erie. Located within walking distance to parks, Downtown Bridgeburg, and the scenic Niagara River with its walking, running, and cycling trails, this property offers tremendous potential in a rapidly developing area. Don't miss this rare opportunity to invest in a shovel-ready, multi-residential project in a prime Fort Erie location.
Address
250 Phipps Street
List Price
$1,999,000
Property Type
Residential Freehold
Type of Dwelling
Vacant Land
Area
Fort Erie
Sub-Area
332 - Central
County
Niagara
Lot Size Source
MPAC
Lot Depth
220.57
Lot Shape
Irregular
Lot Irregularities
L-Shaped Lot
Lot Size Range (Acres)
.50 - 1.99
Lot Size Units
Feet
Lot Width
198.56
MLS® Number
X12059518
Listing Brokerage
RE/MAX NIAGARA REALTY LTD, BROKERAGE
Postal Code
L2A 2V5
Tax Amount
$13,711.00
Tax Year
2024
Interior Features
None
Property Features
River/Stream, Park
Direction Faces
North
Waterfront
None
Sewer
Sewer