45
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$729,900
Est. payment /mo
8 Beds
3 Baths
New
7 Ormond ST S Thorold, ON L2V 1Y2
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Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
Subdivision 557 - Thorold Downtown
MLS Listing ID X12293256
Style 2-Storey
Bedrooms 8
Annual Tax Amount $4,335
Tax Year 2025
Property Sub-Type Detached
Property Description
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.
Location
Province ON
County Niagara
Community 557 - Thorold Downtown
Area Niagara
Zoning C2
Rooms
Family Room Yes
Basement Full, Unfinished
Kitchen 2
Interior
Interior Features Water Heater, Storage, Separate Heating Controls, In-Law Suite, Guest Accommodations
Cooling None
Inclusions ALL APPLIANCES
Exterior
Exterior Feature Patio
Parking Features Private
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 26.5
Lot Depth 168.73
Total Parking Spaces 4
Building
Foundation Block
Others
Senior Community Yes
Listed by MOVERIGHT REAL ESTATE, BROKERAGE
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