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 ongoing 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 in the attached documents.
MLS# | 40646305 |
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Listing Type | For Sale |
Style | House |
Sub-Type | Resale |
Status | Active |
Days On Site | 13 |
Listing Provided By | BOSLEY REAL ESTATE LTD., BROKERAGE | James Broderick |
Zoning | R3-24 |
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Acreage | 1.76 |
Province | ON |
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County | Niagara |
City | Thorold |
Postal Code | L3B 5N5 |
Area | Thorold |
Subarea | 562 Hurricane | Merrittville |
Community Name | 562 Hurricane/Merrittville |
Listing VS Median (in 562 Hurricane/Merrittville) | |
Price: $3,399,000 low | high Med: $874,900 On Site: 13 low | high Med: 34.000000 |