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
- Vacant 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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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 vacant 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 vacant land. Vacant land and farms are sold for the land itself; zoning, services and access decide what can be built.
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 properties near 250 Phipps Street asking?
Similar properties for sale nearby right now include 0-12047 GARRISON Road at $1,999,900, 469 Central Avenue at $2,290,002 and 131-139 Niagara Boulevard at $2,500,000. 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.
Similar properties nearby
More properties for sale near 332 - Central, picked by style, size and price.
Vacant land$1,999,9000-12047 GARRISON Road, Fort Erie0 bath · 335 - RidgewayCourtesy of: ROYAL LEPAGE NRC REALTYView home →
Office$2,290,002469 Central Avenue, Fort Erie332 - CentralCourtesy of: HOMELIFE NEW WORLD REALTY INC.View home →
Commercial retail$2,500,000131-139 Niagara Boulevard, Fort Erie332 - CentralCourtesy of: ROYAL LEPAGE NRC REALTYView home →Courtesy of: RE/MAX NIAGARA REALTY LTD, BROKERAGE
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.