523-537 THOROLD Road, Welland | Image 1

523-537 THOROLD Road

Welland, 769 - Prince Charles

  • - bed - bath
$X,XXX,XXX est.*: $30,488/mo
For Sale

Added 5 months ago

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  • Type: Vacant Land

  • Lot Size: 321.39 x 411.13 Acres

  • Age: No Data

  • Taxes: $16,074 per year

  • Days on Site: 175 Days

  • Added: Jun 25, 2024 (5 months ago)

  • Updated:

  • Last Checked: 1 hour ago

  • MLS®#: X9411937

  • Listed By: Colliers international niagara ltd.

3.05-acre site with SPA submitted to City for review for 228 condo units comprised of 2 x 8-storey condo apartments & 2 x 4-storey mid-rise apartments fronting onto Thorold Road and connected to Maple Park at the south, and offering a minimum of 242 parking spaces including underground parking which allows for maximum greenspace, common corridors and project phasing. The parcel has been Rezoned to Residential High-Density H-RH-125. Ideal for a prospective developer/buyer to finalize the site plan to their satisfaction and negotiations for offsets for parkland dedication with the City. All reports, studies, notices, and applications are available for full review by potential developer/buyer. Conveniently located on Thorold Road just east of South Pelham Road and backing onto beautiful Maple Park with a pool, playground & sports fields, the site is just a short walk to shopping & grocery (South Pelham Market Plaza w/Sobeys & Shoppers Drug Mart), dental & medical, public transit and more. Perfect as a condo build-out or a purpose-built rental to allow for 100% recovery of HST through recent federal and provincial government legislation. Various purchase options can be available including partial VTB, share purchase and creative opt-ins with a qualified offer/buyer/builder.

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Property

  • Status: Sale

  • Property Type: Vacant Land

  • Area: Welland

  • Community: 769 - Prince Charles

  • Availability Date: Other

  • Assessment Amount: $891,000

  • Assessment Year: 2023

Inside

  • Fireplace: No

Utilities

  • Electricity: Available

  • Gas: Available

  • Cable: Available

  • Telephone: Available

Building

  • Elevator: N

  • Water Supply: Municipal

  • Special Designation: Unknown

Fees

  • Tax Year: 2024

  • Tax Legal Description: PART TOWNSHIP LOT 254 THOROLD, BEING PARTS 1 & 2 ON 59R17533 AN

  • Taxes: $16,074

Land

  • Cross Street: Thorold Rd, between

  • Municipality District: Welland

  • Fronting On: North

  • Parcel Number: 640960343

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 411.13 Acres

  • Lot Frontage: 321.39 Acres

  • Acres: 2-4.99

  • Zoning: H-RH125

  • Waterfront: None

Additional Media

  • Virtual Tour: https://www.collierscanada.com/en-ca/properties/305-acre-residential-development-with-spa-submitted-for-228-condo-units-in-welland/can-532-537-thorold-road-welland-on/can2015752
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Somewhat Walkable

  • Some errands can be accomplished on foot.
59 /100

Minimal Transit

  • Almost all errands require a car.
21 /100

Bikeable

  • Some errands can be accomplished on bike.
60 /100
7-8

ÉIC Jean-Vanier

Elementary: Catholic
1.22 km
JK-6

École élémentaire Nouvel Horizon

Elementary: Public
2.09 km
JK-8

ÉÉC du Sacré-Coeur-Welland

Elementary: Catholic
1.22 km
JK-8

Alexander Kuska KSG Catholic Elementary School

Elementary: Catholic
2.09 km
JK-8

Holy Name Catholic Elementary School

Elementary: Catholic
1.35 km
JK-8

Gordon Public School

Elementary: Public
0.41 km
9-12

École secondaire Confédération

Secondary: Public
5.07 km
9-12

Eastdale Secondary School

Secondary: Public
5.08 km
9-12

ÉSC Jean-Vanier

Secondary: Catholic
4.15 km
9-12

Centennial Secondary School

Secondary: Public
1.36 km
9-12

E L Crossley Secondary School

Secondary: Public
5.09 km
Pre-Grade 9-12

Notre Dame College School

Secondary: Catholic
3.00 km
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For Sale
1 month ago
$8,999,900
  • 0 bath
  • 0 bed

981 PELHAM Street, Pelham, Ontario • L3C 3E2 • 662 - Fonthill