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.
250 Phipps Street
332 - Central, Fort Erie, Niagara $1,799,000Make an offer
Studio
0 Baths
< 700 sqft
North Facing
Zoning: RM1-501
- MLS®#:
- X12955032
- Property Type:
- Vacant Land
- Property Style:
- Area:
- Niagara
- Community:
- 332 - Central
- Taxes:
- $14,697 / 2025
- Added:
- April 03 2026
- Lot Frontage:
- 198.56
- Lot Depth:
- 220.57
- Status:
- Active
- Outside:
- Year Built:
- Basement:
- Brokerage:
- RE/MAX NIAGARA REALTY LTD, BROKERAGE
- Lot :
-
220
198
BIG LOT
- Lot Irregularities:
- L-Shaped Lot
- Intersection:
- Central Ave & Thompson Rd
- Rooms:
- Bedrooms:
- Studio
- Bathrooms:
- 0
- Fireplace:
- Utilities
- Water:
- Municipal
- Cooling:
- Heating Type:
- Heating Fuel:
Listing Details
Insights
- Prime Development Opportunity: The property is a 1.246-acre site with an approved plan for a four-storey, 43-unit multi-residential building, making it an attractive investment for developers looking to capitalize on the growing demand for housing in Fort Erie.
- Shovel-Ready Project: The optional development package includes all necessary studies, reports, and plans, along with prepaid development fees, significantly reducing the time and costs typically associated with starting a new project.
- Strategic Location: Situated within walking distance to parks, Downtown Bridgeburg, and the scenic Niagara River, the property is in a rapidly developing area, enhancing its appeal for future residents and increasing potential rental income.
Property Features
River/Stream
Park
Sale/Lease History of 250 Phipps Street
View all past sales, leases, and listings of the property at 250 Phipps Street.Neighborhood Overview
Complete neighborhood profile for 250 Phipps Street
332 - Central home prices
Average sold price for Detached, Semi-Detached, Condo, Townhomes in 332 - Central
Insights for 250 Phipps Street
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* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)
