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.
| MLS # | X8172154 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Price Change |
| Year | 0 |
| Days On Site | 949 |
| Listing Provided By | COLDWELL BANKER MOMENTUM REALTY, BROKERAGE | Sebastian Soccio-Marandola |
| SQ Feet | 18,245 |
|---|---|
| Zoning | C3 |
| Acreage | 0.42 |
| Utilities | Yes |
|---|---|
| Sewer | Sanitary+Storm |
| Tax Annual Amount | 17336.84 |
|---|---|
| Tax Assessed Value | 478000 |
| Tax Type | Annual |
| Tax Legal Description | LT 2, PL 890-891, E/S OF ORMOND ST, N OF CLAIRMONT ST; N OF CLAIRMONT ST; PT LT 1 & 3, PL 890-891, E/S of ORMOND ST, N OF CLAIRMONT AS IN AA44283, AA44397, THOROLD |
| Tax Year | 2026 |
| Province | ON |
|---|---|
| County | Niagara |
| City | Thorold |
| Postal Code | L2V 1Y1 |
| Area | 557 Thorold Downtown |
| Province | ON |
|---|---|
| County | Niagara |
| City | Thorold |
| Postal Code | L2V 1Y1 |
| Area | 557 Thorold Downtown |