$4,500,000
( $600.00Per Sq Foot )
 $24,157 est/mo Sourced by Back At You

13207 Lundys Lane , Thorold, ON L2E 6S4

Thorold, ON L2E 6S4

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Description

Investment opportunity in one of the most aggressively growing communities in Niagara known as Rolling Meadows. The area will see 750 new homes built, major new commercial development, apartment buildings and new religious centres. Situated between Niagara Falls, Thorold and Pelham sits the ever-expanding area known as Blackhorse Corners. Here you will find a fantastic investment opportunity for and owner-operator or savvy investor. Located on a busy highway with easy access to many other major highways including the 406 and QEW, it boasts high visibility and traffic counts. Featuring a Pioneer Gas Station, 4 commercial units, 3 apartments and plenty of room to expand. With income streams from gas, a lucrative convenience store, commercial & residential rents and much more untapped opportunity, it’s easy to see how this has such good value. The current rents and profit margins are low and can easily be increased for a stronger balance sheet. The site includes an empty, serviced lot designated for a car wash or major food chain like Tim Hortons, McDonalds or Wendys.

Details

MLS#40594952
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site61
Listing Provided ByRE/MAX NIAGARA REALTY LTD, BROKERAGE | Alan Caslin

Features

SQ Feet7,500
Story(s)2
ZoningHC
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Listings Checked: 2 minutes ago
ProvinceON
CountyNiagara
CityThorold
Postal CodeL2E 6S4
AreaThorold
Subarea556 Allanburg | Thorold South
Community Name556 Allanburg/Thorold South
Listing VS Median (in 556 Allanburg/Thorold South)
Price:
$4,500,000
low | high
Med:
$974,900
100% of Average
SqFt:
7,500
low | high
Med:
1,400
100% of Average
$ / SqFt:
$600
low | high
Med:
$696
33.940476190476% of Average
On Site:
61
low | high
Med:
120.000000
50.833333333333% of Average
Sourced by Back At You
Listing Updated: June 3, 2024 at 11:36:22 AM PDT