523-537 Thorold Road, Welland | Image 1

523-537 Thorold Road

Welland

  • - bed - bath
$X,XXX,XXX est.*: $32,826/mo
For Sale

Added 1 month ago

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  • Type: Vacant Land

  • Lot Size: 321 x 411 Feet

  • Age: No Data

  • Added: Apr 04, 2024 (1 month ago)

  • Updated:

  • Last Checked: 2 hours ago

  • MLS®#: X8204310

  • Listed By: Bosley real estate ltd.

An exciting apartment project backing onto Welland's Maple Park. This 3.05 acre parcel has been rezoned high-density with a total of 228 condo units along with a minimum of 242 parking spaces (more are possible if developer chooses). Conveniently located just East of South Pelham where two traffic arteries connect, the site provides access to shopping, grocery, medical facilities, and public transit. The project is designed for two large, mirrored 8 storey condo apartments connected to Maple Park at the South of the parcel and two smaller 4 storey mid-rise apartments fronting onto Thorold Rd. The site elevations and geotechnical studies were conducive to an underground parking system allowing developer to maximize greenspace, common corridors and allow for phasing. Perfect as a condo build out or a purpose built rental to allow for 100% recovery of HST. This project is very attractive with lots of opportunity. Plans are submitted for site plan review.

Extras

Ideal situation would be 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.

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Property

  • Status: Sale

  • Property Type: Vacant Land

  • Area: Welland

  • Availability Date: 90 + Days

Utilities

  • Electricity: Available

  • Gas: Available

  • Cable: Available

  • Telephone: Available

Building

  • Exterior: Other

  • Water Supply: Municipal

  • Special Designation: Unknown

Fees

  • Tax Year: 2024

  • Tax Legal Description: Part Township Lot 254 Thorold, Being Parts 1 & 20

Land

  • Cross Street: Btw South Pelham And

  • Municipality District: Welland

  • Fronting On: South

  • Sewer: Sewers

  • Lot Depth: 411 Feet

  • Lot Frontage: 321 Feet

  • Acres: 2-4.99

  • Zoning: RH125

  • Waterfront: None

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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
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Map of 523-537 Thorold Road, Welland
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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