523* Thorold Rd, Welland, Ontario L3C 3W9

  • $9,000,000
523* Thorold Rd, Welland, Ontario L3C 3W9
Active
523* Thorold Rd, Welland, Ontario L3C 3W9
  • $9,000,000

Overview

Property ID: X8479884
  • Commercial Sale, Unimproved Land
  • Property Type
  • 3.07
  • Sqft

Description

3.05-acre site w/SPA submitted for City review. 228 condo units of 2×8-storey condo apartments & 2×4-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.

  • Address 523* Thorold Rd
  • City Welland
  • State/county Ontario
  • Zip/Postal Code L3C 3W9

Details

Updated on June 26, 2024 at 10:52 am
  • Property ID: X8479884
  • Price: $9,000,000
  • Property Size: 3.07 Sqft
  • Garage Size: x x
  • Property Type: Commercial Sale, Unimproved Land
  • Property Status: Active
  • MLS#: X8479884

Mortgage Calculator

Monthly
  • Principal & Interest
  • Property Tax
  • Home Insurance
  • PMI
$
$
%
$
$
$

Contact Information

View Listings
elitenikhanda
  • elitenikhanda

Enquire About This Property

0 Review

Sort by:
Leave a Review

Leave a Review

Compare listings

Compare
elitenikhanda
  • elitenikhanda