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
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