250 Phipps Street, Fort Erie, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Central. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,190,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 198.56 x 220.57 ft lot size
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.
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Property Summary
This vacant land located at 250 Phipps Street, Fort Erie is currently for sale and has been available on SousaSells for 6 days. This property is listed at $2,190,000 with an estimated mortgage of $7,290* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 250 Phipps Street, Fort Erie is in the Central neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Central, Fort Erie.
- •Desirable Vacant Land architecture in Central, Fort Erie
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- River/Stream
- Park
Interior Features
None listed
Security Features
None listed
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Fort Erie?
If you are looking for a house in Fort Erie or researching Fort Erie real estate for sale, this vacant land at 250 Phipps Street, Fort Erie, ON offers an exceptional opportunity to buy a home in Fort Erie, Ontario. Whether you are a first-time Fort Erie home buyer or comparing active Fort Erie MLS® homes for sale, working with a dedicated Fort Erie buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Fort Erie realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
Fort Erie Buyer Budget & Costs
Estimated mortgage: $7,290*/month*. Estimated Ontario Land Transfer Tax: $41,225. First-time Fort Erie home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Fort Erie
Frequently Asked Questions about 250 Phipps Street, Fort Erie, ON
Q.What is the asking price for 250 Phipps Street, Fort Erie, ON ?
The current listing price for 250 Phipps Street, Fort Erie, ON in Central, Fort Erie is $2,190,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 0 bedrooms and 0 bathrooms.
Q.What property type and architectural style is 250 Phipps Street, Fort Erie, ON ?
250 Phipps Street, Fort Erie, ON is a Vacant Land () featuring a basement.
Q.What key property features does 250 Phipps Street, Fort Erie, ON offer?
Key property features include: River/Stream, Park.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via .
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Central, Fort Erie
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 250 Phipps Street, Fort Erie, ON L2A 2V5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Fort Erie, ON
For a property listed at $2,190,000 in Fort Erie, the legal minimum down payment is $438,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $41,225 for this transaction. As this listing is in Fort Erie (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $41,225.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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