250 Phipps Street, Fort Erie, ON

$2,190,000

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1.25

Acres

About 250 Phipps Street

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.

Features of 250 Phipps Street

MLS® # X13763076
Price $2,190,000
Bathrooms 0.00
Acres 1.25
Type Residential Freehold
Sub-Type Vacant Land
Status Active

Community Information

Address 250 Phipps Street
Area Niagara
Subdivision 332 - Central
City Fort Erie
Province ON
Postal Code L2A 2V5

Amenities

Is Waterfront No
Waterfront None

Interior

Fireplace No

Listing Details

OfficeRE/MAX NIAGARA REALTY LTD, BROKERAGE

Listing Map

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