250 Phipps Street Fort Erie, Ontario L2A 2V5
$2,190,000
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. (id:12481)
Property Details
| MLS® Number | X13763076 |
| Property Type | Vacant Land |
| Community Name | 332 - Central |
| AmenitiesNearBy | Park |
| Features | Irregular Lot Size |
Building
Land
| Acreage | No |
| LandAmenities | Park |
| SizeDepth | 220 Ft ,6 In |
| SizeFrontage | 198 Ft ,6 In |
| SizeIrregular | 198.56 X 220.57 Ft ; L-shaped Lot |
| SizeTotalText | 198.56 X 220.57 Ft ; L-shaped Lot|1/2 - 1.99 Acres |
| SurfaceWater | River/stream |
| ZoningDescription | Rm1-501 |
Utilities
| Cable | Available |
| Electricity | Available |
| Sewer | Available |
https://www.realtor.ca/real-estate/30255367/250-phipps-street-fort-erie-central-332-central
Contact Us
Get in touch with us for more information!
Phil Spoelstra
Broker of Record
(519) 667-1958
www.farmontario.com
34 Grandview Crescent
London, Ontario N6K 2Y2
Ron Steenbergen
Broker
(519) 667-1958
www.farmontario.com/
675 Adelaide Street North
London, Ontario N5Y 2L4
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September 09 2026 09:53:53
Niagara Association of REALTORS®
RE/MAX Niagara Realty Ltd, Brokerage