523-537 Thorold Road, Welland, ON L3C 3W9, Welland, ON
An exciting apartment project backing onto Welland's Maple Park. This 3.05 acre parcel has been rezoned high-density with a total of 228 condo units along with a minimum of 242 parking spaces (more are possible if developer chooses). Conveniently located just East of South Pelham where two traffic arteries connect, the site provides access to shopping, grocery, medical facilities, and public transit. The project is designed for two large, mirrored 8 storey condo apartments connected to Maple Park at the South of the parcel and two smaller 4 storey mid-rise apartments fronting onto Thorold Rd. The site elevations and geotechnical studies were conducive to an underground parking system allowing developer to maximize greenspace, common corridors and allow for phasing. Perfect as a condo build out or a purpose built rental to allow for 100% recovery of HST. This project is very attractive with lots of opportunity. Plans are submitted for site plan review.
Property Highlights
For Sale
MLS NO.
X8204310
Type
Residential Freehold
Sub Type
Vacant Land
Complete Property Details
Property Type
Residential Freehold
Sub Type
Vacant Land
Transaction Type
For Sale
Status
Cancelled
Contract Status
Unavailable
MLS® Number
X8204310
Total Bedrooms
0
Total Bathrooms
0
Total Kitchens
0
Interior Features
None
Construction
Other
Lot Width
321.0
Direction Facing
South
Internet Address Display Yn
No
Internet Entire Listing Display Yn
No
Full Address
523-537 Thorold Road, Welland, ON L3C 3W9
City
Welland
Neighbourhood
769 - Prince Charles
County / Region
Niagara
Province / State
ON
Postal Code
L3C 3W9
Cross Street
Btw South Pelham and Clare
Country
CA
List Price
$9,690,000
Annual Taxes
$0
Tax Year
2024
Legal Description
Part Township Lot 254 Thorold, Being Parts 1 & 20
Possession Details
90 + Days
Listing Office
BOSLEY REAL ESTATE LTD.
Board
Toronto Regional Real Estate Board
Original Entry
2024-04-04T19:22:18Z
Media Updated
2024-04-04T19:22:19Z
Photos Updated
2024-04-04T19:22:19Z
Last Modified
2024-06-05T16:49:10Z
System Modified
2025-05-02T22:26:04.755098Z
MLS Status
Terminated
Ddfyn
No
Expiration Date
2024-07-04
Hstapplication
No
Occupant Type
Vacant
Originating System Id
A00001796
Public Remarks
An exciting apartment project backing onto Welland's Maple Park. This 3.05 acre parcel has been rezoned high-density with a total of 228 condo units along with a minimum of 242 parking spaces (more are possible if developer chooses). Conveniently located just East of South Pelham where two traffic arteries connect, the site provides access to shopping, grocery, medical facilities, and public transit. The project is designed for two large, mirrored 8 storey condo apartments connected to Maple Park at the South of the parcel and two smaller 4 storey mid-rise apartments fronting onto Thorold Rd. The site elevations and geotechnical studies were conducive to an underground parking system allowing developer to maximize greenspace, common corridors and allow for phasing. Perfect as a condo build out or a purpose built rental to allow for 100% recovery of HST. This project is very attractive with lots of opportunity. Plans are submitted for site plan review.
