7 Ormond Street S Thorold, Ontario L2V 1Y2

8 Bedroom 3 Bathroom 2,500 - 3,000 ft2
Forced Air

$729,900

Incredible Investment Opportunity in the Heart of Downtown Thorold! Welcome to this expansive 2,728 sq ft investment property, ideally located in the vibrant core of downtown Thorold. Zoned C2 (Commercial), this versatile building offers a wide range of permitted uses, making it a prime opportunity for investors, entrepreneurs, or those seeking strong rental income. The property features two separate self-contained units with a total of 8 spacious bedrooms, perfect for multi-residential use, student housing, or a live-work arrangement. Each unit includes its own kitchen and bathroom facilities, offering privacy and flexibility for tenants or future commercial use. As a bonus, the property includes a 1.5-car detached garage, which was previously rented to a commercial tenant for storage, adding even more income potential. Situated in a high-traffic, high-visibility area, you're just steps from local shops, dining, public transit, and only minutes to Brock University and Highway 406. The C2 zoning allows for a variety of commercial and mixed-use applications, including offices, retail, service businesses, or continued residential use. Current tenants will be vacating on closing. (id:62104)

Property Details

MLS® Number X12293256
Property Type Single Family
Community Name 557 - Thorold Downtown
Amenities Near By Schools, Public Transit, Place Of Worship, Park
Community Features School Bus, Community Centre
Equipment Type Water Heater
Features Guest Suite, In-law Suite
Parking Space Total 4
Rental Equipment Type Water Heater
Structure Patio(s)

Building

Bathroom Total 3
Bedrooms Above Ground 8
Bedrooms Total 8
Amenities Separate Heating Controls
Appliances Water Heater, All
Basement Development Unfinished
Basement Type Full (unfinished)
Construction Style Attachment Detached
Exterior Finish Vinyl Siding
Foundation Type Block
Half Bath Total 1
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 2,500 - 3,000 Ft2
Type House
Utility Water Municipal Water

Parking

Detached Garage
Garage

Land

Acreage No
Land Amenities Schools, Public Transit, Place Of Worship, Park
Sewer Sanitary Sewer
Size Depth 168 Ft ,8 In
Size Frontage 26 Ft ,6 In
Size Irregular 26.5 X 168.7 Ft
Size Total Text 26.5 X 168.7 Ft
Zoning Description C2

https://www.realtor.ca/real-estate/28623589/7-ormond-street-s-thorold-thorold-downtown-557-thorold-downtown

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