Here is a Condo site is located in the City of Thorold in close proximity to arterial routes with good access characteristics & Staff Supports.

 

Descriptions:

 

• Site Area: ~1.71 acres  (74,249 SF sqf)
• Price : Unpriced  (On June 28, 2023, “As-Is” appraised as Land-Value for $4,200,000)
• No. of Units: 274 units (supported by the City and the Region)
• Parking: 250
• Lot Coverage: 36.5%
• Soft Landscape area: 28%
• Had a Pre-Submission Consultation meeting in July, 2023
• Received the support of 274 units concept from the City and the Region = $15K/ Door
• Preparing for OPA/ZBA application package

Due Diligence Documents

• Records of Pre-Submission Consultation
• Planning Memo
• Concept Drawings
• Geotechnical Study
• Phase 1 & 2 Environmental Site Assessment
• Zoning : R4B-33 (Residential Fourth Density)

 

 

Why Should you invest here:

• Situated in the downtown core.
• Close to the Welland Canal Water Way
• Surrounded by many amenities such as schools, restaurants, shopping and more
• Close to transit and highway
• Tax benefits
• Rental market
• Thorold, in particular, had an exceptionally high growth rates at 27 per cent. Thorold was the fourth fastest growing municipality in Ontario

DEMOGRAPHICS AND STATISTICS

 

Population      

1 km radius 4,732

3 km radius 25,536

5 km radius 50,086

Median Household Income

1 km radius $54,583

3 km radius $71,615

5 km radius $71,964

 

Comps sold in the area:

Let me know if you wish to sign our BRA & CA for further information’s?

Regards