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$729,900

4 days agoDetached For Sale
bedrooms8bed
washrooms5bath
MLS - #X12293256

7 Ormond Street, Thorold, ON L2V 1Y2

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Average Price
72990000.0%
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Price Comparison

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Property Description

Property type

Detached

Lot size

N/A

Style

2-Storey

Approx. Area

N/A

About 7 Ormond Street

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.

Home Overview

Last updated

4 days ago

Virtual tour

None

Basement information

Full, Unfinished

Building size

--

Status

In-Active

Property sub type

Detached

Maintenance fee

$N/A

Year built

2025

Listed by MOVERIGHT REAL ESTATE, BROKERAGE

Additional Details

Basement:Full, Unfinished
Cooling:None
Heating:Forced Air
Parking Features:Private

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

Location

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Walk Score for 7 Ormond Street

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