13029 Lundys Lane, Thorold, ON L0S 1A0

Thorold L0S 1A0 Ontario

MLS: X12433581

$1,799,900

Added 1 hour ago | For Sale

Listed by: ROYAL LEPAGE TERRA REALTY

About Property

Rare investment opportunity in Thorolds growing Niagara region! Over 2 acres of C5 Highway Commercial zoned land with endless potential uses, including commercial plaza, truck/trailer parking, storage, restaurants, convenience stores, drive-throughs, banquet halls, lodges, and more (with city approval). Property includes a detached 3-bed, 1-bath home currently generating approx. $3,000/month rental income plus a garage workshop.Directly across the street, a major new residential & commercial development by Bousfields Inc. is underway, featuring 46 detached homes, 264 townhouses, and 1,753 apartment units. To capitalize on this growth, the seller has proposed a new commercial plaza on site (under city review) site plan available on request. Excellent location with easy highway access. Gas line on property with well water & septic already in place. Whether youre looking to develop, operate a business, or hold for long-term appreciation, this property offers immediate rental income and tremendous future potential in a high-growth community.

Features

  • House Style:Land
  • Bathrooms:
  • Land Size: 165 X 680
  • Water:Well
  • Garage Spaces: /
  • Driveway:
  • Heating Fuel:
  • Cross Street:Lundys Lane/Thorold Townline Rd
  • Basement: ,
  • Possession Date:Flexible
  • Annual Property taxes: $4662.54
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12433581

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