$10,500,000
( $437.50Per Sq Foot )
 $56,366 est/mo Sourced by Back At You

20 Front Street S , Thorold, ON L2V 1W9

Thorold, ON L2V 1W9

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Description

Fabulous investment opportunity! Downtown Thorold, extremely well maintained 6 year old building featuring 60 student rental units and one 1500 sq ft commercial space located right in the heart of Front Street. The commercial space and student units are fully rented and the current property manager is willing to stay on, allowing for a stress-free investment. Each unit has a bedroom, sitting area and 3 pc bathroom. A shared kitchen on each floor includes 2 refrigerators, 2 stoves, 2 microwaves and an eating area to seat 8. a large common area in the basement with ping pong table, couches and TV's plus laundry area with coin operated washers and dryers. Units are hotwater, radiant heat. All common areas and main floor commercial are forced air heat with a/c. Properties to the north have been purchased and will be redeveloped. Housing Brock University and Niagara College Students, with all necessary amenities in walking distance. Do not let this amazing investment opportunity pass you by!

Details

MLS#40568423
Listing TypeFor Sale
Building NameNiagara Student Living
Sub-TypeResale
StatusActive
Year2018
Days On Site108
Listing Provided ByRE/MAX GARDEN CITY REALTY INC, BROKERAGE | Kristin De Divitiis

Features

SQ Feet24,000
BasementY
Story(s)4
ZoningC1
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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Learn More About This Property

ProvinceON
RegionNiagara
CityThorold
Postal CodeL2V 1W9
AreaThorold
Subarea557 Thorold Downtown
Community Name557 Thorold Downtown
Listing VS Median (in 557 Thorold Downtown)
Price:
$10,500,000
low | high
Med:
$622,400
100% of Average
SqFt:
24,000
low | high
Med:
1,355
100% of Average
$ / SqFt:
$438
low | high
Med:
$475
41.38166023166% of Average
On Site:
108
low | high
Med:
163.500000
66.05504587156% of Average
Sourced by Back At You
Listing Updated: May 21, 2024 at 2:44:45 PM PDT