250 Phipps Street
332 - Central, Fort Erie, L2A 2V5
$1,799,000
Expired
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Property 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.
Property Features
River/Stream, Park, None
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Property Details
Address
250 Phipps Street
Community
City
Postal Code
L2A 2V5
Property Type
Vacant Land, Vacant Land
Days On Market
120
Zoning
RM1-501
Lot Size
199' x 221'
Acreage
1.2 Feet
Taxes
$14,697 (2024
Water
Municipal
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Excellent Development Opportunity! This remarkable property spans over 81 acres and boasts frontage on Garrison Road, Stonemill Road, and Nigh Road. Offering excellent accessibility, it presents outstanding potential for future development or investment. Conveniently located near Niagara Falls, Port Colborne, major highways, and just minutes from the Peace Bridge to the U.S.A.
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