16 Ormond Street
Thorold, ON
- 18,245 sqft
- Land
- 891 days on market
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.
Listing Details
- Taxes (2026)
- $17,337
- Originally Listed
- $2,850,000
- Listed
- March 25, 2024
Price History
Property
- Lot Size
- 137.95 x 132.23 Feet
Utilities
- Sewer
- Sanitary+Storm
Location & Legal
- Cross Street
- Ormond/Clairmont
- Zoning
- C3
- Parcel Number
- 640500254
- Occupancy
- Vacant
Commercial
- Business Type
- Residential
Community
Postal area L2V
- Population
- 19,795
- Private dwellings
- 8,400
- Median age
- 37.6
- Average household size
- 2.5
- Median household income
- $80,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Thorold · last 12 months
- Median sold price
- $590,000
- Homes sold
- 377
- Median days on market
- 30
- Sale-to-list price
- 96.4%
Based on 377 recorded sales of commercial properties in Thorold over the last 12 months.
Listed by
COLDWELL BANKER MOMENTUM REALTY, BROKERAGE
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 18,245 sq ft
- Price per sq ft
- $136.97
- Annual property tax
- $17,337
- Tax per sq ft
- $0.95
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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