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$ 2,850,000
Est. payment | /mo
18,245 SqFt
$ 2,850,000
Est. payment | /mo
18,245 SqFt
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Square Footage 18,245 sqft
Price per Sqft $156
Subdivision 557 - Thorold Downtown
MLS Listing ID X8172154
Annual Tax Amount $15,170
Tax Year 2023
Property Sub-Type Land
Property Description
Discover a prime development opportunity in Thorolds downtown core at 16 Ormond St South. This centrally located site, measuring 137x132 feet, is shovel-ready with zoning approvals for a 6-storey building. It presents a unique opportunity to offer affordable living solutions. Key Highlights include: Prime Downtown Location - Situated in the downtown core of Thorold, Ontario, this property is perfectly positioned to benefit from local amenities, public transportation, and community services. Ready for Development - With all approvals in place, this site is prepared for quick turn around and site plan. Versatile Development Options - Approved for either 40 1-bedroom apartments/condos or a 75-bed senior living/retirement home, catering to a diverse range of residents seeking living solutions. Further information and site package available upon request.
Location
Province ON
County Niagara
Community 557 - Thorold Downtown
Area Niagara
Exterior
Utilities Available Yes
Lot Frontage 137.95
Lot Depth 132.23
Listed by COLDWELL BANKER MOMENTUM REALTY, BROKERAGE