7 Ormond St S

For Sale 49 Days
$729,900 $31K
$699,000
8 beds
3 baths

7 Ormond St S

For Sale 49 Days
$729,900 $31K
$699,000
8 beds
3 baths

Highlights

Key insights

Description

Incredible Investment Opportunity in the Heart of Downtown Thorold! Welcome to this expansive 2,728 sq ft investment property, ideally located in the vibrant core of downtown Thorold. Zoned C2 (Commercial), this versatile building offers a wide range of permitted uses, making it a prime opportunity for investors, entrepreneurs, or those seeking strong rental income. The property features two separate self-contained units with a total of 8 spacious bedrooms, perfect for multi-residential use, student housing, or a live-work arrangement. Each unit includes its own kitchen and bathroom facilities, offering privacy and flexibility for tenants or future commercial use. As a bonus, the property includes a 1.5-car detached garage, which was previously rented to a commercial tenant for storage, adding even more income potential. Situated in a high-traffic, high-visibility area, you're just steps from local shops, dining, public transit, and only minutes to Brock University and Highway 406. The C2 zoning allows for a variety of commercial and mixed-use applications, including offices, retail, service businesses, or continued residential use. Current tenants will be vacating on closing. (id:63267)

Braden Kyle of MOVERIGHT REAL ESTATE, BROKERAGE,
#X12293256
updated 10 hours ago.
Houseful checked MLS® for data 10 hours ago.

Home overview

Amenities / Utilities
  • Heat source
    Natural gas
  • Heat type
    Forced air
  • Sewer/ septic
    Sanitary sewer
Exterior
  • # total stories
    2
  • # parking spaces
    4
  • Has garage (y/n)
    Yes
Interior
  • # full baths
    2
  • # half baths
    1
  • # total bathrooms
    3.0
  • # of above grade bedrooms
    8
Location
  • Community features
    School bus, community centre
  • Subdivision
    557 - thorold downtown
  • Directions
    2089903
Overview
  • Lot size (acres)
    0.0
  • Listing #
    X12293256
  • Property sub type
    Single family residence
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28623589/7-ormond-street-s-thorold-thorold-downtown-557-thorold-downtown
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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