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$1,999,000
Est. payment /mo
0.5 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Active
Purchase Type For Sale
Approx. Sqft < 700
Subdivision 332 - Central
MLS Listing ID X12059518
Annual Tax Amount $13,711
Tax Year 2024
Lot Size 0.500 Acres
Property Sub-Type Vacant Land
Lot Depth 220.57
Lot Front 198.56
Appx SqFt < 700
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.
Location
Province ON
County Niagara
Community 332 - Central
Area Niagara
Zoning RM1-501
Rooms
Kitchen 0
Interior
Interior Features None
Exterior
Lot Frontage 198.56
Lot Depth 220.57
Others
Senior Community No
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Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE