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$ 2,190,000
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$ 2,190,000
Est. payment | /mo
Key Details
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision 332 - Central
MLS Listing ID X13763076
Annual Tax Amount $14,697
Tax Year 2025
Property Sub-Type Vacant Land
Property Description
Prime Investment Opportunity 250 Phipps St, Fort Erie - Security Deposit already paid! 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, the purchase price includes the site-plan agreement, paid $300K Town of Fort Erie security deposit, studies, reports, and plans; 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.
Location
Province ON
County Niagara
Area Niagara
Rooms
Kitchen 0
Exterior
Waterfront Description None
Lot Frontage 198.56
Lot Depth 220.57
Building
Unit Features River/Stream,Park
Others
ParcelsYN No
Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE
Nearby Locations
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