Ormond St
Thorold Downtown, Thorold
$729,900
Buy with Dwelly and Save $7,299
Home Details
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Listing Description
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.
ALL APPLIANCES
City: Thorold
Neighborhood: Thorold Downtown
Property History
| Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
|---|---|---|---|---|---|
| Mar 9, 2020 | 169 | $474,900 | $450,000 | Sold | X4714901 |
Rooms
Room dimensions for Ormond St, Thorold
Market Trends and Insights
Mortgage Calculator
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Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $729900 |
| Down Payment | $145980 |
| Mortgage Insurance | $0 |
| Total Mortgage | $583920 |
Monthly Payment
| Mortgage Payment | $3598 |
| Property Taxes | $361 |
| Maintenance Fees | $0 |
| Monthly Payment | $3960 |
About Ormond St, Thorold
Located at 7 Ormond St S , this Thorold house is available for sale. This property was listed for $729,900 on Fri Jul 18 2025. This house's size is 2500-3000 Sqft. It has 8 bedrooms and 3 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 4 parking spots. 7 Ormond St S, Thorold is situated in the Thorold Downtown neighbourhood.
MLS#: X12293256 · $729,900 · 8 bedroom house in Thorold Downtown, Thorold