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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.
City: Fort Erie
Neighborhood: Central
Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
---|---|---|---|---|---|
Jun 20, 2023 | 183 | $2,800,000 | N/A | Expired | X8706266 |
Purchase Price | $1999000 |
Down Payment | $399800 |
Mortgage Insurance | $0 |
Total Mortgage | $1599200 |
Mortgage Payment | $9855 |
Property Taxes | $1143 |
Maintenance Fees | $0 |
Monthly Payment | $10997 |
Sold Comparables homes near 250 Phipps St, Fort Erie
Located at 250 Phipps St , this Fort Erie house is available for sale. This property was listed for $1,999,000 on Mon Apr 07 2025. This house's size is < 700 Sqft. It has null bedrooms and null bathrooms. The property includes the following rooms: , , , , , , , , , , , . 250 Phipps St, Fort Erie is situated in the Central neighbourhood.
MLS#: X12059518 · $1,999,000 · null bedroom house in Central, Fort Erie