10,656 SF Located in Downtown Thorold, Perfect Development Opportunity

This Thorold property is the perfect development opportunity. While there is currently a rented duplex on the land, the seller has proposed a 6 storey, 25 unit rental apartment building, with a mix of 1, 2, and 3 bedroom units, an elevator, and surface parking. This piece of property is located within the Downtown Thorold Community Improvement Area, which means that there are a number of development incentives offered. Located Downtown Thorold, this property is centrally located and has easy access to the Canal Parkway and the Highway. Pre Consultation meeting completed with City of Thorold, City is supportive of proposal for 25 unit building. Zoned as C2 Downtown Mixed Use.