13029 LUNDYS LANE, Thorold (Port Robinson), Ontario, L0S1A0

Property 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. (id:64974)

Quick Facts

• Property Type: Vacant Land
• Bedrooms: None
• Bathrooms: None
• Living Area: 2 sq ft (0.2 m²)
• Lot Size: 2.4060 acres (0.97 ha)
• Frontage: 165 ft (50.3 m)

Costs

• Annual Taxes: $4,662.54

Listing Provided by: ROYAL LEPAGE TERRA REALTY
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.