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$9,000,000
Status: For Sale
3.05-acre site w/SPA submitted for City review. 228 condo units of 2x8-storey condo apartments & 2x4-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.
| Property Type | :Commercial |
|---|---|
| MLS Number | :X8479884 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :26 Jun, 2024 (148 Days ago) |
| Source | :TRREB |
| Area | :Niagara |
|---|---|
| Postal Code | :
L3C 3W9
|
| Price | : $9,000,000 |
|---|---|
| Property Taxes | :$16074.00 |
| Tax Year | :2024 |
|---|
| Cross Street | :east of South Pelham Road |
|---|
| Fireplace/Stove | :No |
|---|
26 Jun, 2024
TREB #X8479884
Available
$9000000.0
