Address
75 ORMOND Street S Thorold, ON
Price
$ 3,395,000
Property Attributes
  • ID#30788497
  • TypeLand
  • CityThorold
  • AreaNiagara
  • NeighbourhoodThorold Proper
  • Postal CodeL2V 3E9
  • Style
  • Price$ 3,395,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
Ross Boncore with Family Realty Niagara Inc, Brokerage
Data Source:
RLP - CREA EN
Property Description

Multi-family development opportunity located at 75 Ormond Street South in Historic Thorold Ontario. Situated in the downtown core and close to the Welland Canal Water Way, this 1.7 acre property is approved for an 84 unit 7 storey multi family development. This site is exempt of development charges with potential savings of over two million dollars and is also within the Community Improvement Plan area which is eligible for development charge reductions as well as tax savings grants of up to ten years. In the heart of Niagara, in a thriving and growing community; this development site offers green space and water views and is in close proximity to historical parks and trails, transit, highways and surrounded by many amenities including schools, restaurants, shopping and much more. 75 Ormond Street is Located less than 10 minutes from Welland Canal Trail, Brock University, Niagara College, Pen Centre, Outlet Niagara, Meridian Centre. An existing on site building (approx. 5000 square feet) may be leased or used during the development process.

General Features

Acres 0.50-1.99

Exterior Features

Lot Frontage 217.52
Jumpid 13229474

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Postal Code Average in L2V 3E9

Price
AVG $3.4M
$3.4M
Visits
AVG 581
583
Walkscore
AVG 37
37
Data Provided by Walkscore ® not using MLS data