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16-20 Front Street S

Thorold, ON L2V 1W9
  • $9,900,000
  • STATUS: Active
  • ON SITE: 86 Days
  • MLS #: 40181170
UPDATED: 43 min ago
$9,900,000
  • 0
    BEDS
  • < 0.5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighbourhood:
Type:
Commercial
Built:
2018
County:
Area:

Description

Fabulous investment opportunity! Downtown Thorold, extremely well maintained 3 year old building, featuring 62 student rental units and 1 1500sq ft commercial space located right in the heart of Front Street. The commercial space and student units are fully rented and the current property manager is willing to stay on, allowing for a stress-free investment. Each unit has a bedroom, sitting area and 3 pc bathroom. A shared kitchen on each floor includes 2 refrigerators, 2 stoves, 2 microwaves and an eating area to seat 8. A large common area in the basement with ping pong table, couches and tv's plus laundry area with coin operated washers and dryers. Units are hot water, radiator heat; All common areas and main floor commercial are forced air heat with a/c. Properties to the North have been purchased and will be redeveloped. Housing Brock University and Niagara College Students, with all necessary amenities in walking distance.

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The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) program of the Information Technology Systems Ontario. The information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purposes or any other purpose. Data updated daily.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Data last updated: 2022-01-22T15:21:21.793.
www.enveloperealestate.com/homes/122778474
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16-20 Front Street S Thorold, ON L2V 1W9

  • Price: $9,900,000
  • Status: Active
  • On Site: 86 Days
  • Updated: 43 min ago
  • MLS #: 40181170
0
Beds
0
Baths
0
½ Baths
< 0.5
Acres
2018
Built
Neighbourhood:
557 - Thorold Downtown
County:
Niagara
Area:
Thorold
Property Description
Fabulous investment opportunity! Downtown Thorold, extremely well maintained 3 year old building, featuring 62 student rental units and 1 1500sq ft commercial space located right in the heart of Front Street. The commercial space and student units are fully rented and the current property manager is willing to stay on, allowing for a stress-free investment. Each unit has a bedroom, sitting area and 3 pc bathroom. A shared kitchen on each floor includes 2 refrigerators, 2 stoves, 2 microwaves and an eating area to seat 8. A large common area in the basement with ping pong table, couches and tv's plus laundry area with coin operated washers and dryers. Units are hot water, radiator heat; All common areas and main floor commercial are forced air heat with a/c. Properties to the North have been purchased and will be redeveloped. Housing Brock University and Niagara College Students, with all necessary amenities in walking distance.
Exterior Features

Acres Range < 0.5 Construction Materials Aluminum SidingBrick Features In Area DowntownHigh Traffic AreaHighway AccessPublic ParkingPublic TransitSchoolsShopping Nearby Fronting On East Lot Size Area 17116.2300 Parking Features PublicAsphalt Parking Total 18 Water Front YN No

Interior Features

Accessibility Features 32" Min Doors60 Turn RadiusElevatorHallway Width 36"-41"Low Pile Carpeting Basement Finish Fully Finished Basement YN Yes Building Area Total 24000.00 Cooling Central Air Flooring CarpetLaminate Heating Forced AirGasHot Water-OtherRadiator Interior Features ElevatorGames RoomSeparate Heating Controls Kitchens Total 0

Property Features

Approximate Age 0-5 Years Assessment Year 2016 Business Name Niagara Student Living Common Elements Fee YN No Common Interest Freehold/None Condo Corporation YN No Foundation Detail Poured Concrete Laundry Features Coin OperatedCommon AreaIn BasementShared Lot Depth 262.68 Lot Front 65.16 Mls Status Active New Construction YN No Property Sub Type Building And Land Security Features Carbon Monoxide Detector(S)Smoke Detector(S)Other Sewer Sewer (Municipal) Stories Total 4.0 Water Source Municipal

Listing information © 2022 Information Technology Systems Ontario.
Listing provided courtesy of Kristin De Divitiis of Re/Max Garden City Realty Inc, Brokerage.
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) program of the Information Technology Systems Ontario. The information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purposes or any other purpose. Data updated daily.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Data last updated: 2022-01-22T15:21:21.793.
 
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