$1,399,900
Available - For Sale
Listing ID: X12847656
13029 Lundys Lane , Thorold, L0S 1A0, Niagara
| Rare investment opportunity in Thorold's growing Niagara region! 2.406 acres of C5 Highway Commercial zoned land with endless potential uses, including commercial plaza, truck/trailer parking, storage, restaurants, convenience stores, drive-throughs, banquet halls, lodges, and more (with city approval). Property includes a detached 3-bed, 1-bath home currently generating approx. $3,000/month rental income plus a garage workshop. Directly across the street, a major new residential & commercial development by Bousfields Inc. is underway, featuring 46 detached homes, 264 townhouses, and 1,753 apartment units. To capitalize on this growth, the seller has proposed a new commercial plaza on site (under city review) - site plan available on request. Expected to have utilities installed soon. Excellent location with easy highway access. Gas line on property with well water & septic already in place. Whether you're looking to develop, operate a business, or hold for long-term appreciation, this property offers immediate rental income and tremendous future potential in a high-growth community. |
| Price | $1,399,900 |
| Taxes: | $4662.54 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 13029 Lundys Lane , Thorold, L0S 1A0, Niagara |
| Postal Code: | L0S 1A0 |
| Province/State: | Niagara |
| Legal Description: | PT TWP LT 112 THOROLD AS IN TH17128 EXCE |
| Directions/Cross Streets: | Lundys Lane/Thorold Townline Rd |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Designated |
| Total Area: | 2.41 |
| Total Area Code: | Acres |
| Financial Statement: | F |
| Franchise: | F |
| Washrooms: | 0 |
| Sewers: | Sanitary |
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| ROYAL LEPAGE TERRA REALTY |
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Sachi Patel
Broker
Dir:
647-702-7117
Bus:
6477027117
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At a Glance:
| Type: | Com - Land |
| Area: | Niagara |
| Municipality: | Thorold |
| Neighbourhood: | 561 - Port Robinson |
| Tax: | $4,662.54 |
| Fireplace: | N |
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