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.
Mls | 40560469 |
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Listing Type | For Sale |
Style | Mixed Use |
Subtype | Resale |
Status | Active |
Days On Site | 257 |
Listing Provided By | COLDWELL BANKER MOMENTUM REALTY, BROKERAGE | Sebastian Soccio-Marandola |
Zoning | C3 |
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State | ON |
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County | Niagara |
City | Thorold |
Zip Code | L2V 1Y1 |
Area | Thorold |
Subarea | 557 Thorold Downtown |
Community Name | 557 Thorold Downtown |
Listing VS Median (in 557 Thorold Downtown) | |
Price: $2,850,000 low | high Med: $509,900 On Site: 257 low | high Med: 62.500000 |