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Renanza Realty
For sale

16 ORMOND STREET S

Thorold (Thorold Downtown), Ontario

MLS® X8172154

$2,499,000

Status
Active
Property type
Vacant land
MLS® number
X8172154
Bedrooms
—
Bathrooms
—
Year built
—

Listing 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.

Property summary

MLS® number
X8172154
Property type
Vacant Land
Square footage
18,245 sq ft
Land size
137.95 x 132.23 FT
Annual property taxes
$17,336.84
Days on market
661 days

What would this home cost you?

Based on the $2,499,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$11,627 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of COLDWELL BANKER MOMENTUM REALTY, BROKERAGE, ST. CATHARINES.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.