For Sale

16 Ormond Street, Thorold, Ontario L2V 1Y1

$0

16 Ormond Street, Thorold, Ontario L2V 1Y1 is For Sale and has a listing price of 2,850,000. The property is located in the Thorold . It's been on the website for 142 Days.

  • Land
    Property Type
  • MLS ID: X8172154
  • Office Name COLDWELL BANKER MOMENTUM REALTY, BROKERAGE
Property Description

Discover a prime development opportunity in Thorolds downtown core at 16 Ormond St South. This centrally located site, measuring 137×132 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 Details
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: X8172154
  • Price: $2,850,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 132.23
  • Ref ID: X8172154
  • Dir / Cross St: Ormond/Clairmont
  • Status: Active
  • Tax Year: 2023
  • Property Type: Land
  • Property Sub Category: Vacant land
Price History
List Date MLS ID List Price Status End Date Closed Price
03/25/2024 X8172154 $2,850,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Thorold
  • $863,585 Average List Price
    based on 1 year
  • 200 New Listings
    based on 30 days
  • 65 Median Days on Market
    based on 1 year
  • List vs. Selling Price 190.24 % Up
  • Sold (12mo) 343
  • Rented (12mo) 341

  • 1 Month Change -17.2%
  • 3 Month Change -0.8%
  • 6 Month Change -37.5%
Walkscore
Property Type Distribution
  • All Houses
    93.46%
  • Commercial
    4.31%
  • Condo
    1.94%
  • Land for Sale
    0.29%
Additional Details
  • Taxes: $15,170
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 25/03/2024 21:30:32
Want to see this property?