13029 Lundys Lane, Thorold, ON L0S 1A0 (Lundys Lane/Thorold Townline Rd)

Price : $1,399,900.00 , MLS®# : X12847656

Description

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.

Location Description

Lundys Lane/Thorold Townline Rd

Property Details
  • Community: 561 - Port Robinson
  • Property Type: Tenant/Commercial
  • Annual Property Taxes : $ 4662.54
Building Features
Building Features
  • Sewer : Sanitary ,
  • Cooling :
Land (Lot Features)
  • Frontage: 165 sq.ft
  • Land Depth: 680sq.ft

Listing Contracted With: ROYAL LEPAGE TERRA REALTY