Address
16-20 Front Street S Thorold, ON
Price
$ 9,900,000
Property Attributes
  • ID#40181170
  • TypeCommercial
  • CityThorold
  • AreaThorold
  • Neighbourhood557 - Thorold Downtown
  • Postal CodeL2V 1W9
  • StyleBuilding and Land
  • Price$ 9,900,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage24000
Listing Provided Courtesy Of:
RE/MAX GARDEN CITY REALTY INC, BROKERAGE
Data Source:
Canada - Ontario Regional (ITSO) - 430 - CAN
Property Description

Fabulous investment opportunity! Downtown Thorold, extremely well maintained 3 year old building, featuring 62 student rental units and 1 1500sq ft commercial space located right in the heart of Front Street. The commercial space and student units are fully rented and the current property manager is willing to stay on, allowing for a stress-free investment. Each unit has a bedroom, sitting area and 3 pc bathroom. A shared kitchen on each floor includes 2 refrigerators, 2 stoves, 2 microwaves and an eating area to seat 8. A large common area in the basement with ping pong table, couches and tv's plus laundry area with coin operated washers and dryers. Units are hot water, radiator heat; All common areas and main floor commercial are forced air heat with a/c. Properties to the North have been purchased and will be redeveloped. Housing Brock University and Niagara College Students, with all necessary amenities in walking distance.

Price History
10/27/2021 Listed $10,900,000
11/13/2021 10% - $9,900,000

Interior Features

Basement Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in L2V 1W9

Price
AVG $9.9M
$9.9M
Visits
AVG 25
21
Year Built
AVG 2018
2018

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