250 PHIPPS STREET
Fort Erie (Central), Ontario
MLS® X13763076
$2,190,000
- Status
- Active
- Property type
- Vacant land
- MLS® number
- X13763076
- Bedrooms
- —
- Bathrooms
- 0
- Year built
- —
1 / 6Listing description
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.
Property summary
- MLS® number
- X13763076
- Property type
- Vacant Land
- Land size
- 198.56 x 220.57 FT ; L-Shaped Lot
- Annual property taxes
- $14,697.00
- Days on market
- 19 days
Features & details
- Lot features
- Irregular lot size
What would this home cost you?
Based on the $2,190,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX NIAGARA REALTY LTD, BROKERAGE, Ridgeway.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.