$2,850,000 $15,299 est/mo Sourced by Back At You

16 Ormond Street S,Thorold, ON L2V 1Y1

Thorold ON, L2V 1Y1

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Description

Discover a prime development opportunity in Thorold’s 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.

Details

MLS#40560469
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Days On Site57
Listing Provided ByCOLDWELL BANKER MOMENTUM REALTY, BROKERAGE | Sebastian Soccio-Marandola

Features

ZoningC3
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Listings Checked: 1 minute ago
ProvinceON
CountyNiagara
CityThorold
Postal CodeL2V 1Y1
AreaThorold
Subarea557 Thorold Downtown
Community Name557 Thorold Downtown
Listing VS Median (in 557 Thorold Downtown)
Price:
$2,850,000
low | high
Med:
$607,450
100% of Average
On Site:
57
low | high
Med:
36.500000
100% of Average
Sourced by Back At You
Listing Updated: May 21, 2024 at 12:09:30 PM PDT