523-537 THOROLD Road, Welland, ON L3C 3W9, Welland, ON
3.05-acre site with SPA submitted to City for review for 228 condo units comprised of 2 x 8-storey condo apartments & 2 x 4-storey mid-rise apartments fronting onto Thorold Road and connected to Maple Park at the south, and offering a minimum of 242 parking spaces including underground parking which allows for maximum greenspace, common corridors and project phasing. The parcel has been Rezoned to Residential High-Density H-RH-125.
Ideal for a prospective developer/buyer to finalize the site plan to their satisfaction and negotiations for offsets for parkland dedication with the City. All reports, studies, notices, and applications are available for full review by potential developer/buyer.
Conveniently located on Thorold Road just east of South Pelham Road and backing onto beautiful Maple Park with a pool, playground & sports fields, the site is just a short walk to shopping & grocery (South Pelham Market Plaza w/Sobeys & Shoppers Drug Mart), dental & medical, public transit and more. Perfect as a condo build-out or a purpose-built rental to allow for 100% recovery of HST through recent federal and provincial government legislation.
Various purchase options can be available including partial VTB, share purchase and creative opt-ins with a qualified offer/buyer/builder.
Property Highlights
For Sale
MLS NO.
X9411937
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
X9411937
Total Bedrooms
0
Total Bathrooms
0
Total Kitchens
0
Interior Features
Unknown
Fireplace
No
Central Vacuum Yn
No
Construction
Unknown
Roof
Unknown
Lot Width
321.39
Lot Size
3.07
Parking Features
Unknown
Parking Total
0.0
Covered Spaces
0.0
Garage Type
Unknown
Pool
None
Direction Facing
North
Cooling
Unknown
Cooling Installed
No
Heat Source
Unknown
Heat Type
Unknown
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
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
Thorold Rd, between South Pelham and Clare Ave. Backing onto Maple Park
Directions
Thorold Rd, between South Pelham and Clare Ave. Backing onto Maple Park
Country
CA
List Price
$9,000,000
Annual Taxes
$16,074
Tax Year
2024
Legal Description
PART TOWNSHIP LOT 254 THOROLD, BEING PARTS 1 & 2 ON 59R17533 AND RP 59R4094 PART 1, AND RP 59R4112 PART 1 & 2 , AND RP 59R6816 PART 2; CITY OF WELLAND
Possession Type
Other
Possession Details
Other
Listing Office
COLLIERS INTERNATIONAL NIAGARA LTD.
Board
Niagara Association of REALTORS
Original Entry
2024-06-25T11:49:38Z
Media Updated
2024-11-17T02:27:34Z
Photos Updated
2024-11-17T02:27:34Z
Last Modified
2025-03-03T19:01:00Z
System Modified
2025-10-11T19:09:21.428086Z
MLS Status
Terminated
Architectural Style
Unknown
Basement
Unknown
Basement Yn
No
Ddfyn
No
Expiration Date
2025-03-31
Heat Source Multi
Unknown
Heat Type Multi
Unknown
Hstapplication
Call LBO
Link Yn
No
Occupant Type
Vacant
Originating System Id
nar
Parcel Number
640960343
Public Remarks
3.05-acre site with SPA submitted to City for review for 228 condo units comprised of 2 x 8-storey condo apartments & 2 x 4-storey mid-rise apartments fronting onto Thorold Road and connected to Maple Park at the south, and offering a minimum of 242 parking spaces including underground parking which allows for maximum greenspace, common corridors and project phasing. The parcel has been Rezoned to Residential High-Density H-RH-125.
Ideal for a prospective developer/buyer to finalize the site plan to their satisfaction and negotiations for offsets for parkland dedication with the City. All reports, studies, notices, and applications are available for full review by potential developer/buyer.
Conveniently located on Thorold Road just east of South Pelham Road and backing onto beautiful Maple Park with a pool, playground & sports fields, the site is just a short walk to shopping & grocery (South Pelham Market Plaza w/Sobeys & Shoppers Drug Mart), dental & medical, public transit and more. Perfect as a condo build-out or a purpose-built rental to allow for 100% recovery of HST through recent federal and provincial government legislation.
Various purchase options can be available including partial VTB, share purchase and creative opt-ins with a qualified offer/buyer/builder.
