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16 Ormond Street S, Thorold, ON, L2V 1Y1

MLS® # 40560469
Vacant Land For Sale In Thorold Proper, Thorold, Ontario
$2,850,000
16 Ormond Street S, Thorold, ON
16 Ormond Street S, Thorold, ON
16 Ormond Street S, Thorold, ON
16 Ormond Street S, Thorold, ON
16 Ormond Street S, Thorold, ON
16 Ormond Street S, Thorold, ON
16 Ormond Street S, Thorold, ON
16 Ormond Street S, Thorold, ON
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ACTIVE
16 Ormond Street S, Thorold, ON, L2V 1Y1
$2,850,000

Property Information:

Discover a prime development opportunity in Thorold’s downtown core at 16 Ormond St South. This centrally located site, measuring 137x132 feet, is shovel-ready with zoning approvals for a 6-storey building. It presents a unique opportunity to offer affordable living solutions. Key Highlights include: Prime Downtown Location - Situated in the downtown core of Thorold, Ontario, this property is perfectly positioned to benefit from local amenities, public transportation, and community services. Ready for Development - With all approvals in place, this site is prepared for quick turn around and site plan. Versatile Development Options - Approved for either 40 1-bedroom apartments/condos or a 75-bed senior living/retirement home, catering to a diverse range of residents seeking living solutions. Further information and site package available upon request.

Property Features:

  • Acres Range: < 0.5
  • Lot Depth: 132.32 Feet
  • Lot Features: Urban, Ample Parking, City Lot, High Traffic Area, Highway Access, Public Transit, Schools
  • Lot Frontage: 137.95 Feet
  • Utilities: At Lot Line-Gas, At Lot Line-Hydro, At Lot Line-Municipal Water
  • Water Source: Municipal
  • Zoning: C3
  • Sewer: Other

Courtesy of: COLDWELL BANKER MOMENTUM REALTY, BROKERAGE

Data provided by: Niagara Association of REALTORS® 116 Niagara Street, St. Catharines, Ontario L2R 4L4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 16 Ormond Street S, Thorold, ON, L2V 1Y1

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

35 hot days expected in 2050

Projected Storm Risk: Very High

13 storms expected in 2050

Projected Heat Risk: High

35 hot days expected in 2050

56/100

High

ClimateCheck®

Current data

This property, 16 Ormond Street S, experiences 7 hot days per year at around 31.2 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 35 hot days at 34.8 degrees Celsius.

Projected Avg. Temperature

Past
31.2℃
2050
34.8℃

# Hot Days Per Year

Past
7
2050
35

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk:

13 storms expected in 2050

60/100

ClimateCheck®

Current data

This property, 16 Ormond Street S, experiences 11 significant 2-day storms per year, with about 316.1mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 388.4mm of precipitation per year.

Precipitation Per Storm

Past
316.1mm
2050
388.4mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 16 Ormond Street S, Thorold, ON, L2V 1Y1

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$87,230.43

Average Number of Children

1.58

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.89 %

High school certificate or equivalent

32.92 %

Apprenticeship trade certificate/diploma

6.95 %

College/non-university certificate

24.96 %

University Degree

14.28 %

Commuter

Travel To Work

By Car

87.15 %

By Public Transit

4.75 %

By Walking

5.62 %

By Bicycle

0.0 %

By Other Methods

2.48 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

62.91 %

Houses

37.09 %

Own Vs. Rent

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