10 Albert Street East, Thorold | Image 1

10 Albert Street East

Thorold

  • Commercial

$XX,XXX,XXX
For Sale

Added 3 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-13 To 20 Units

  • Zoning: C1

  • Age: No Data

  • Taxes: 57337

  • MLS®#: X7388754

  • Days on Site: 89 Days

  • Added: Jan 08, 2024 (3 months ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: BOLDT REALTY INC.

Welcome to 10 Albert Street E, fantastic investment in heart of revitalized downtown Thorold. Impressive four-storey mixed-use building, constructed in 2018, stands as a beacon of modernity while embracing charm of historic surroundings. Boasting six main floor commercial units, all but one currently tenanted, this property offers prime opportunity for entrepreneurs seeking a strategic location in busy downtown core. Comprising 18 fully tenanted luxury apartments, each featuring 2 bdrms, 2 baths, in-suite laundry & some w/ balconies, this building caters to growing demand for high-end residential spaces. Meticulously built w/ approximately 31,065 sq ft, the structure includes an elevator for convenience, handicap accessible bathrooms & underground parking w/ eighteen spots. Massive rooftop patio provides breathtaking views of the city & beyond, creating an ideal space for residents to relax or entertain.

Extras

Features: lounge area, bbqs, gardens & fenced in dog run. Zoned C1, a perfect blend of residential & commercial spaces allowing for diverse uses & maximizing investment potential. Don't miss out on opportunity to own downtown Thorold gem!

Property

  • Status: Sale

  • Type: Apts-13 To 20 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Area: Thorold

  • Availability Date: Flexible

  • Assessment Amount: $2,536,000

  • Assessment Year: 2023

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Open

  • Elevator: Public

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: Underground

  • Covered Parking Spaces: 18

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT LT 12 E/S FRONT ST, 13 E/S FRONT ST PL 889 PT 1 & 2 59R4652;

  • Taxes: $57,337

  • Taxes Type: Annual

Land

  • Cross Street: Ormond St/Albert St

  • Municipality District: Thorold

  • Parcel Number: 644520161

  • Lot Frontage: 96.05 Feet

  • Zoning: C1

Commercial Specific

  • Retail Area: 31065

  • Retail Area Metric: Sq Ft

  • Total Area: 31065

  • Total Area Metric: Sq Ft

  • Area Influence: Major Highway

  • Area Influence: Public Transit

  • Lot Code: Building

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