Address
75 ORMOND Street S Thorold, ON
Price
$ 2,750,000
Property Attributes
  • ID#40190883
  • TypeLand
  • CityThorold
  • AreaNiagara
  • NeighbourhoodThorold Proper
  • Postal CodeL2V 3E9
  • Style
  • Price$ 2,750,000
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
Christian 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 next to the downtown core & close to the Welland Canal Water Way, this 1.7 acre property is approved for an 84 unit 7 storey development. The site has existing municipal water/sanitary service infrastructure along Richmond Street which may be extended to the site. The subject land is within the Community Improvement Plan area & is eligible for incentives offered under the Plan (Development Charge Rebate, Brownfields Municipal Tax Incentive Program, Tax Increment-Financing Program). Already in place: Official Plan Amendment, Zoning By-Law Amendment, Draft Plan Condominium, Landscape Plan. An existing on site building (approx. 5000 square feet) has the potential be leased or used during the development process. In the heart of Niagara, in a thriving and growing community; this development site offers green space & is in close proximity to historical parks & trails, transit, highways & surrounded by many amenities including schools, restaurants, shopping & much more. Located less than 10 minutes from Welland Canal Trail, Brock University, Niagara College, Pen Centre, Outlet Niagara, Meridian Centre.

General Features

Acres 0.50-1.99

Exterior Features

Lot Frontage 217.52
Jumpid 16570565
Mls 40190883

Amenities

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

Property vs Land Average in L2V 3E9

Price
AVG $2.75M
$2.75M
Visits
AVG 41
40
Walkscore
AVG 37
37
Data Provided by Walkscore ® not using MLS data