16 Ormond Street South, Thorold | Image 1

16 Ormond Street South

Thorold

  • Commercial

$X,XXX,XXX
For Sale

Added 7 months ago

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  • Type: Land

  • Property Type: Commercial

  • Business Type: Residential

  • Zoning: C3

  • Age: No Data

  • Taxes: 15170

  • MLS®#: X8172154

  • Days on Site: 151 Days

  • Added: Mar 25, 2024 (7 months ago)

  • Updated:

  • Last Checked: 14 hours ago

  • Listed By: COLDWELL BANKER MOMENTUM REALTY

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

  • Status: Sale

  • Type: Residential

  • Property Type: Land

  • Property Type: Designated

  • Area: Thorold

  • Availability Date: Flexible

  • Assessment Amount: $478,000

  • Assessment Year: 2023

Utilities

  • Utilities: Yes

Building

  • Water Supply: Municipal

Fees

  • Tax Year: 2023

  • Tax Legal Description: LT 2, PL 890-891, E/S OF ORMOND ST, N OF CLAIRMONT ST; N OF CLAI

  • Taxes: $15,170

  • Taxes Type: Annual

Land

  • Cross Street: Ormond/Clairmont

  • Municipality District: Thorold

  • Parcel Number: 640500254

  • Sewer: San+Storm

  • Lot Depth: 132.23 Feet

  • Lot Frontage: 137.95 Feet

  • Zoning: C3

Commercial Specific

  • Total Area: 18245

  • Total Area Metric: Sq Ft

  • Lot Code: Lot

JK-8

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