$ 2,499,000

16 Ormond Street S, Thorold

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. (id:1945)
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Property details for 16 Ormond Street S, Thorold

Type
Lots and Land
Living Area
18,245 square feet
Lot Size
137.95 x 132.23 FT
Annual Taxes
$17,337 (2023)

Nearby Listings Stat

Estimated price and comparable properties near 16 Ormond Street S

Active Listings
78
Min Price
$199,000
Max Price
$2,499,000
Avg Price
$661,286
Days on Market
69
days
Sold Listings
20
Min Sold Price
$299,900
Max Sold Price
$879,900
Avg Sold Price
$565,184
Days until Sold
55
days

Price History

Listed
December 12, 2024
by COLDWELL BANKER MOMENTUM REALTY, BROKERAGE
Current Price
$2,499,000
-12.3% from last change
Type
Lots and Land
For Sale
Price Changes
1
Date Price Change
Current $2,499,000 $351,000 (-12.3%)
May 27, 2026 $2,850,000 Listed

Contact Agent Get in touch about 16 Ormond Street S, Thorold

Sebastian Soccio-Marandola
Sebastian Soccio-Marandola
COLDWELL BANKER MOMENTUM REALTY, BROKERAGE

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Comparison of 16 Ormond Street S, Thorold, ON with Nearby Vacant Land