250 Phipps Street, Fort Erie, ON L2A 2V5
332 - Central, Fort Erie · Near Central Ave & Thompson Rd · View map
About this home
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.
The home
- Type
- Land
- Bathrooms
- 0
- Lot size
- 198.6 x 220.6 ft
- Faces
- North
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $14,697/yr
- Tax year
- 2025
- Occupancy
- Vacant
- Possession
- Flexible
- Cross street
- Central Ave & Thompson Rd
- Neighbourhood
- 332 - Central
More
- MLS® number
- X13763076
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The home and its surroundings
- River/Stream
- Park
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
250 Phipps Street, Fort Erie, ON L2A 2V5
332 - Central, Fort Erie · Near Central Ave & Thompson Rd
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Listing history for 250 Phipps Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Similar cottages nearby
More cottages for sale near 332 - Central, picked by style, size and price.
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Waterfront cottage$2,490,0002497 Windmill Point Lane E, Fort Erie4 bed · 4 bath · 335 - RidgewayCourtesy of: RE/MAX HENDRIKS TEAM REALTYView home →
Waterfront cottage$2,699,9004349 Erie Road, Fort Erie4 bed · 5 bath · 337 - Crystal BeachCourtesy of: RE/MAX NIAGARA REALTY LTD, BROKERAGEView home →
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Waterfront cottage$1,999,999725 Point Abino Road S, Fort Erie5 bed · 4 bath · 337 - Crystal BeachCourtesy of: RE/MAX NIAGARA REALTY LTD, BROKERAGEView home →Frequently asked questions about 250 Phipps Street
Answers come straight from this home’s MLS® listing.
How much is 250 Phipps Street listed for, and what would it cost each month?
250 Phipps Street is listed for $2,190,000. With 20% down ($438,000), the mortgage payment would be roughly $8,834 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $10,059 a month, all in. That figure is an illustration, not a quote.
Is 250 Phipps Street freehold or a condo, and is there a monthly fee?
250 Phipps Street is a land in 332 - Central, Fort Erie. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 250 Phipps Street have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
What style of home is 250 Phipps Street?
250 Phipps Street is a land. Land is a vacant lot or acreage to build on; confirm the zoning, road access, hydro and a septic site before you plan a build.
How big is 250 Phipps Street, and what is the lot size?
The lot is listed as 198.6 x 220.6 ft.
What are the property taxes for 250 Phipps Street?
Property taxes are $14,697 a year (2025), or about $1,225 a month.
Where is 250 Phipps Street?
250 Phipps Street is in the 332 - Central community of Fort Erie. The nearest main intersection is Central Ave & Thompson Rd. The postal code is L2A 2V5.
Is 250 Phipps Street still for sale?
Yes. It is an active listing (MLS® X13763076). Listings here update from the board through the day and come down once a home sells.
What are similar cottages near 250 Phipps Street asking?
Similar cottages for sale nearby right now include 0-12047 GARRISON Road at $1,999,900, 254 Prospect Point Road at $1,699,900 (2 bed) and 3689 Niagara Boulevard at $2,250,000 (3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 250 Phipps Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 250 Phipps Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Courtesy of: RE/MAX NIAGARA REALTY LTD, BROKERAGE
PropTx MLS® assumes no responsibility for the accuracy of any information shown. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.