Address
16-20 FRONT Street S Thorold, ON
Price
$ 9,900,000
Property Attributes
  • ID#40181170
  • TypeCommercial
  • CountyNIAGARA ASSOCIATION OF REALTORS
  • CityThorold
  • ZipL2V 1W9
  • Style
  • Price$ 9,900,000
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
RE/MAX GARDEN CITY REALTY INC, BROKERAGE
Data Source:
Canadian Real Estate Association
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. (id:7434)

General Features

Ammenities Public Transit, Schools, Shopping
Building Cooling Type Central air conditioning
Community Features High Traffic Area
Features Elevator, Paved driveway, Passenger elevator, Laundry- Coin operated
Foundation Type Poured Concrete
Location Description Exit Pine Street from Hwy 58, Right on Sullivan, Left on Front
More Information Link https://www.realtor.ca/real-estate/23772714/16-20-front-street-s-thorold
Ownership Type Freehold
Property Type Other
Zoning Description C1

Interior Features

Basement Development Finished
Basement Type Full (Finished)
Building Fireplace Present False
Building Heating Fuel Natural gas
Building Heating Type Forced air, Hot water radiator heat
Flooring Type Carpeted, Laminate

Exterior Features

Exterior Finish Aluminum siding, Brick
Land Amenities Public Transit, Schools, Shopping
Parking Space Total 18
Sewer Municipal sewage system

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA 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 9
4
Year Built
AVG 2018
2018