Land For Sale - 523* Thorold Rd, Welland, Ontario L3C 3W9

location_on 523* Thorold Rd, Welland

Land

523* Thorold Rd

Welland, Ontario L3C 3W9

$9,000,000

For Sale

Property Information

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.

Basic Details
Property Type : Land
Listing Type : For Sale
Listing ID : X8479884
Price : $9,000,000
Year Built : 0
Lot Area : 0 Sqft
Status : A
Days On Market : 1
Address
Postal Code : L3C 3W9
City : Welland
Street : Thorold
Street Number : 523*
Street Suffix : Rd
Floor Number : 0
Longitude : E0° 0' 0''
Latitude : N0° 0' 0''
Brokerage
Office Name : COLLIERS INTERNATIONAL NIAGARA LTD.
Extra Information
Area : Niagara
living_area : 0
living_area_unit : Sqft
Extras : **INTERBOARD LISTING: NIAGARA REAL ESTATE ASSOC**
Lease : Sale
Tax Year : 2024

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523* Thorold Rd Welland, Ontario L3C 3W9