$1,999,000
Available - For Sale
Listing ID: X12059518
250 Phipps Stre , Fort Erie, L2A 2V5, Niagara


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.
Price $1,999,000
Taxes: $13711.00
Assessment Year: 2024
Occupancy by: Vacant
Address: 250 Phipps Stre , Fort Erie, L2A 2V5, Niagara
Acreage: .50-1.99
Directions/Cross Streets: Central Ave & Thompson Rd
Bedrooms: 0
Bedrooms +: 0
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Total Area: 0.00
Property Type: Vacant Land
Drive Parking Spaces: 0
Property Features: River/Stream, Park
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
Utilities-Cable: A
Utilities-Hydro: A
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX NIAGARA REALTY LTD, BROKERAGE
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HANIF ARKIAN
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At a Glance:
Type: Freehold - Vacant Land
Area: Niagara
Municipality: Fort Erie
Neighbourhood: 332 - Central
Style:
Lot Size: x 220.57(Feet)
Approximate Age:
Tax: $13,711
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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