43 Ormond Street South, Thorold | Image 1

43 Ormond Street South

Thorold

  • Commercial

$5,999,999
For Sale

Added 4 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: R4

  • Age: No Data

  • Taxes: 90193.1

  • MLS®#: X8466530

  • Days on Site: 116 Days

  • Added: Jun 21, 2024 (4 months ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: HOMELIFE REAL ESTATE CENTRE INC.

Greetings on this wonderful investment opportunity! This 46-unit complex is a treasure in a great area. With so many newly renovated flats. The property is very enticing to potential tenants because it has modern conveniences including an elevator and on-site laundry facilities. Your tenants' convenience is ensured by the ample parking in the back. Renovated recently, the property's calm rear park view is one of its most notable characteristics and contributes to its overall appeal. This building provides simple accessibility for renters and is conveniently situated close to downtown and a number of shopping options, as well as the 406 and other major roads. Don't miss this fantastic investing chance. This property will be a profitable because of its great location.

Property

  • Status: Sale

  • Property Type: Investment

  • Property Type: Apartment

  • Area: Thorold

  • Availability Date: Flexible

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Basement: N

  • Heat Type: Other

  • Energy Certificate: N

  • Green Verification Status: N

  • Freestanding: Y

  • Water Supply: Municipal

  • Physically Handicapped-Equipped: N

Parking

  • Garage Type: Outside/Surface

  • Covered Parking Spaces: 46

Fees

  • Tax Year: 2023

  • Tax Legal Description: LT 46 PL 898,LT 45 IN REAR OF LTS ON E/S FRONT ST PL 889, PT LT

  • Taxes: $90,193

  • Taxes Type: Annual

Land

  • Cross Street: Clairmont st & Ormon

  • Municipality District: Thorold

  • Parcel Number: 644530197

  • Lot Depth: 558.34 Feet

  • Lot Frontage: 44 Feet

  • Zoning: R4

Shipping Doors

  • Clearing Height (ft): 8

Commercial Specific

  • Rail: N

  • Sprinklers: Y

  • Total Area: 1.28

  • Total Area Metric: Acres

  • Industrial Area Metric: Sq Ft

  • Area Influence: Public Transit

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Unit

  • Financial Statement: N

Map of 43 Ormond Street South, Thorold
JK-8

Burleigh Hill Public School

Elementary: Public
2.00 km
JK-8

Prince of Wales Public School

Elementary: Public
0.30 km
JK-8

Westmount Public School

Elementary: Public
1.12 km
JK-3

St Charles Catholic Elementary School

Elementary: Catholic
0.90 km
4-8

Monsignor Clancy Catholic Elementary School

Elementary: Catholic
1.37 km
JK-8

Richmond Street Public School

Elementary: Public
1.37 km
9-12

DSBN Academy

Secondary: Public
5.07 km
9-12

Thorold Secondary School

Secondary: Public
0.78 km
9-12

St Catharines Collegiate Institute and Vocational School

Secondary: Public
6.24 km
9-12

Laura Secord Secondary School

Secondary: Public
7.22 km
9-12

Sir Winston Churchill Secondary School

Secondary: Public
3.36 km
Pre-Grade 9-12

Denis Morris Catholic High School

Secondary: Catholic
3.61 km