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$2,499,000
Available - For Sale
Listing ID: X8172154
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.
Price $2,499,000
Taxes: $17,336.84
Tax Type: Annual
Assessment Year: 2023
Occupancy by: Vacant
Address: 16 Ormond Street South , Thorold, L2V 1Y1, Niagara
Postal Code: L2V 1Y1
Province/State: Niagara
Legal Description: LT 2, PL 890-891, E/S OF ORMOND ST, N OF
Directions/Cross Streets: Ormond/Clairmont
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Category: Designated
Use: Residential
Total Area: 18,245
Total Area Code:  Square Feet
Maintenance: 0
Sewers: Sanitary+Storm
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Interest Rate: %  
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
COLDWELL BANKER MOMENTUM REALTY, BROKERAGE

16 Ormond Street South , Thorold, L2V 1Y1, Niagara

Personal Picture
Paulette Zander
Sales Representatives
Dir:
416-456-7481
Bus:
416-203-6636
Fax:
416-203-1908

 
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At a Glance:
Type: Com - Land
Area: Niagara
Municipality: Thorold
Neighbourhood: 557 - Thorold Downtown
Style:
Lot Size: x 132.23(Feet)
Approximate Age:
Tax: $17,336.84
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
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Personal Pic Paulette Zander Sales Representatives pic pzander@rogers.com Remax Condos Plus Corp., Brokerage Independently owned and operated. pic 45 Harbour Square, Toronto, Ontario M5J 2G4 pic Cell: 416-456-7481 | Office: 416-203-6636 | Fax: 416-203-1908