523-537 Thorold Road
- Units - 228
- Lot Size - ±3.05 acres; condo PINs create four blocks; Phase One approx. 1.23 acres
- Configuration - Currently, 2× 8-storey + 2 × 4-storey condo apartments; can readily be modified to suit with redline submission
- Parking - 228 underground + 67 supplementary above-grade
- Status - Site Plan Approved; SP Agreement in hand
- Phases - Can be built in up to 3; density of each phase can be measured or matched to proforma and to market demand
Property Description
This prime shovel-ready 3.05-acre mid-rise residential development site in Welland's rapidly growing Niagara Region features full Site Plan Approval (SPA) and finalized zoning for a 228-unit, 4-building layout. Strategically bordered by Maple Park with 295 parking spaces (228 underground) included, this turnkey project offers an immediate path to construction to capitalize on Welland's growing housing demand.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Price: | $7,900,000 |
| Lot Size: | 3.05 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
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