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Welland, ON L3C 3W9,523* Thorold RD
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Welland, ON L3C 3W9,523* Thorold RD
Welland, ON L3C 3W9,523* Thorold RD
Welland, ON L3C 3W9,523* Thorold RD
Welland, ON L3C 3W9,523* Thorold RD
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Jeff Somlo

Jeff Somlo

+1(647) 998-3693
$ 9,000,000
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523* Thorold RD Welland, ON L3C 3W9

3 SqFt

UPDATED:

06/26/2024 02:52 PM

Key Details

Property Type Commercial

Sub Type Land

Listing Status Active

Purchase Type For Sale

Square Footage 3 sqft

Price per Sqft $3,000,000

MLS Listing ID X8479884

Annual Tax Amount $16,074

Tax Year 2024

Property Description

3.05-acre site w/SPA submitted for City review. 228 condo units of 2x8-storey condo apartments & 2x4-stroey mid-rise apartments fronting onto Thorold Rd, connected to Maple Pk at south, offering min. of 242 parking spaces incl. underground parking for max. greenspace, common corridors & project phasing. Rezoned to Residential High-Density H-RH-125. Ideal for prospective developer/buyer to finalize site plan to satisfaction & negotiate parkland dedication offsets w/City. All reports, studies, notices, applications available for full buyer review. On Thorold Rd just easy of S. Pelham Rd, backing onto Maple Park w/pool, playground & sports fields, a short walk to shopping & grocery (S. Pelham Market Plaza w/Sobeys & Shoppers Drug Mart), dental, medical, public transit. Perfect as condo build-out or purpose-built rental to allow for 100% HST recovery through federal & provincial legislation. Various purchase options can be available: partial VTB, share purchase creative opt-ins.

Location

Province ON

County Niagara

Zoning H-RH-125

Exterior

Utilities Available Available

Others

Security Features No

Listed by COLLIERS INTERNATIONAL NIAGARA LTD.
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