523-537 THOROLD Rd

523-537 THOROLD Rd
523-537 THOROLD Rd
523-537 THOROLD Rd
+12
$9,000,000
Instant Estimate Not Available
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$9,000,000
Instant Estimate Not Available
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Size
-
Lot size
1.23 Hectare
Street frontage
N
Possession
Other
Price per sqm
-
Taxes
$16,074 (2024)
Parking Type
-
Style
-
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Description
3.05-acre site with SPA submitted to City for review for 228 condo units comprised of 2 x 8-storey condo apartments & 2 x 4-storey mid-rise apartments fronting onto Thorold Road and connected to Maple Park at the south, and offering a minimum of 242 parking spaces including underground parking which allows for maximum greenspace, common corridors and project phasing. The parcel has been Rezoned to Residential High-Density H-RH-125. Ideal for a prospective developer/buyer to finalize the site plan to their satisfaction and negotiations for offsets for parkland dedication with the City. All reports, studies, notices, and applications are available for full review by potential developer/buyer. Conveniently located on Thorold Road just east of South Pelham Road and backing onto beautiful Maple Park with a pool, playground & sports fields, the site is just a short walk to shopping & grocery (South Pelham Market Plaza w/Sobeys & Shoppers Drug Mart), dental & medical, public transit and more. Perfect as a condo build-out or a purpose-built rental to allow for 100% recovery of HST through recent federal and provincial government legislation. Various purchase options can be available including partial VTB, share purchase and creative opt-ins with a qualified offer/buyer/builder.

EXTRAS:
Broker: COLLIERS INTERNATIONAL NIAGARA LTD.
MLS®#: X9411937
Property details
Parking:
No
Parking type:
-
Property type:
Vacant Land
Heating type:
-
Style:
-
MLS Size:
-
Lot front:
97.84 M
Lot depth:
125.27 M
Listed on:
Jun 26, 2024
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Instant estimate:
Not Available

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Gabor Hess
Sales Representative
Property.ca Inc., Brokerage
© Property.ca Inc., Brokerage
MLS#: X9411937
Listed by COLLIERS INTERNATIONAL NIAGARA LTD.

About 523-537 THOROLD Rd

523-537 Thorold Rd is a Welland vacant lot for sale, near Thorold Rd, between South Pelham and Clare Ave. Backing onto Maple Park. 523-537 Thorold Rd has an asking price of $9000000, and has been on the market since June 2024

For groceries or a pharmacy you'll likely need to hop into your car as there is not much near this vacant lot.

Transit riders take note, 537 Thorold Rd, Welland is nearby to the closest public transit Bus Stop (South Pelham Rd / 578 S Pelham) with route Fitch St.