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7 Ormond Street S Thorold (Thorold Downtown), Ontario L2V 1Y2

8 Bedroom 3 Bathroom 2500 - 3000 sqft
Forced Air

$729,900

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. (id:40227)

Property Details

MLS® Number X12293256
Property Type Single Family
Community Name 557 - Thorold Downtown
AmenitiesNearBy Schools, Public Transit, Place Of Worship, Park
CommunityFeatures School Bus, Community Centre
EquipmentType Water Heater
Features Guest Suite, In-law Suite
ParkingSpaceTotal 4
RentalEquipmentType Water Heater
Structure Patio(s)

Building

BathroomTotal 3
BedroomsAboveGround 8
BedroomsTotal 8
Amenities Separate Heating Controls
Appliances Water Heater, All
BasementDevelopment Unfinished
BasementType Full (unfinished)
ConstructionStyleAttachment Detached
ExteriorFinish Vinyl Siding
FoundationType Block
HalfBathTotal 1
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 2500 - 3000 Sqft
Type House
UtilityWater Municipal Water

Parking

Detached Garage
Garage

Land

Acreage No
LandAmenities Schools, Public Transit, Place Of Worship, Park
Sewer Sanitary Sewer
SizeDepth 168 Ft ,8 In
SizeFrontage 26 Ft ,6 In
SizeIrregular 26.5 X 168.7 Ft
SizeTotalText 26.5 X 168.7 Ft
ZoningDescription C2

https://www.realtor.ca/real-estate/28623589/7-ormond-street-s-thorold-thorold-downtown-557-thorold-downtown

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