250 Phipps Street, Fort Erie (central), Ontario

$2,190,000

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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. (id:36535)

Features of 250 Phipps Street

Listing # X13763076
Price $2,190,000
Bathrooms 0.00
Acres 0.00
Type Vacant Land

Community Information

Address 250 Phipps Street
Subdivision 332 - Central
City Fort Erie (central)
Province Ontario
Postal Code L2A2V5

Amenities

Amenities Park
Utilities Cable, Electricity, Sewer
Features Irregular lot size
Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Lot Description 198.56 x 220.57 FT ; L-Shaped Lot|1/2 - 1.99 acres

Listing Details

OfficeCourtesy Of RE/MAX NIAGARA REALTY LTD, BROKERAGE

Listing Map