$ 2,190,000

250 Phipps Street, Fort Erie

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. (id:1945)
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Property details for 250 Phipps Street, Fort Erie

Type
Lots and Land
Lot Size
198.56 x 220.57 FT ; L-Shaped Lot
Annual Taxes
$14,697 (2026)

Nearby Listings Stat

Estimated price and comparable properties near 250 Phipps Street

Active Listings
81
Min Price
$99,900
Max Price
$2,290,002
Avg Price
$602,888
Days on Market
85
days
Sold Listings
10
Min Sold Price
$325,000
Max Sold Price
$749,999
Avg Sold Price
$493,780
Days until Sold
51
days

Price History

Listed
September 9, 2026
by RE/MAX NIAGARA REALTY LTD, BROKERAGE
Current Price
$2,190,000
+21.7% from last change
Type
Lots and Land
For Sale
Price Changes
1
Date Price Change
Current $2,190,000 +$391,000 (+21.7%)
Sep 9, 2026 $1,799,000 Listed

Contact Agent Get in touch about 250 Phipps Street, Fort Erie

Shawn Schertzing
Shawn Schertzing
RE/MAX NIAGARA REALTY LTD, BROKERAGE

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