250 Phipps
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$1,799,000

250 Phipps

Fort Erie (Central), Ontario, L2A2V5

Active
0
Bathrooms

Description

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. (id:60351)

Overview

Property Typeresidential
Sub-Typevacant land
StatusActive
MLS #X12564354

Fees & Taxes

Annual Taxes$14,697 (2025)

Listing Information

MLS#: X12564354


Information is deemed reliable but not guaranteed. Data provided by the Canadian Real Estate Association (CREA) through the Data Distribution Facility (DDF). Listing data is updated regularly but may not reflect the most current information. All information should be independently verified.

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Mortgage Calculator

$
$359,800
5%20%50%
Estimated Monthly Payment
$8,000
/month
Mortgage
$1,439,200
Total Interest
$960,662

For illustration purposes only. Consult a mortgage professional for accurate rates.

Land Transfer Tax

$
Ontario LTT$32,455
Total Due on Closing$32,455

Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.

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250 Phipps Fort Erie (Central) — $1,799,000 — Not A Dream Realty | Not A Dream Realty