16 Ormond Street S
$2,499,000
16 Ormond Street S
Thorold Downtown, Thorold · MLS® X8172154
18,245 sq ft · Land · Vacant Land · 682 days on market
listed by Sebastian Soccio-Marandola, COLDWELL BANKER MOMENTUM REALTY, BROKERAGE
realtor's 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 details
- type
- Land, Vacant Land
- living area
- 18,245 sq ft
- parking
- 0
- property tax
- $17,337 / yr
- days on market
- 682
- MLS®
- X8172154
monthly cost
$12,333/mo
Mortgage $10,888 · Tax $1,445
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.
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