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Attention developers and investors. This is a prime opportunity to acquire a strategically located parcel of land in Thorold's rapidly developing southwest sector. The property neighbours Empire Homes established Legacy community, positioning it at the forefront of the area's on going growth within the highly desirable "new" Port Robinson area. The parcel is 0.71 hectares in size and zoned for an approved development of 30 "vacant land condo" townhouse units. Convenient access via the Merritt Rd exit from the 406 ensures excellent connectivity for future residents, placing downtown Welland, Thorold, and Brock University within easy reach. To facilitate a streamlined development process, a Draft Developers Agreement will be provided to the successful purchaser. Detailed information regarding the property, including unit size breakdown (24 units at 23' width and 6 units at 26' width), is available. Please inquire if interested.
City: Thorold
Purchase Price | $3900000 |
Down Payment | $780000 |
Mortgage Insurance | $0 |
Total Mortgage | $3120000 |
Mortgage Payment | $19226 |
Property Taxes | $158 |
Maintenance Fees | $0 |
Monthly Payment | $19384 |
Sold Comparables homes near Kottmeier Rd, Thorold
Located at 1426 Kottmeier Rd , this Thorold house is available for sale. This property was listed for $3,900,000 on Thu May 16 2024. This house's size is 415.00 x 184.00 Feet. It has bedrooms and 0 bathrooms. The property includes the following rooms: .
MLS#: X8344688 · $3,900,000 · bedroom house in Thorold