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.
MLS# | X8172154 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Extension |
Days On Site | 319 |
Listing Provided By | COLDWELL BANKER MOMENTUM REALTY, BROKERAGE | Not Provided |
SQ Feet | 18,245 |
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Acreage | 0.42 |
State | ON |
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County | Niagara |
City | Thorold |
Zip Code | L2V 1Y1 |
Area | 557 Thorold Downtown |
Listing VS Median (in L2V 1Y1) | |
Price: $2,850,000 low | high Med: $2,850,000 SqFt: 18,245 low | high Med: 18,245 $ / SqFt: $156 low | high Med: $156 On Site: 319 low | high Med: 319.000000 |