87 PINE STREET S, Thorold (Thorold Downtown), Ontario, L2V3L9

Property Description

Welcome to 87 Pine St S, a standout property offering a rare combination of size and versatility in the heart of Thorold. This detached home sits on a massive corner lot, commanding attention with its impressive footprint and prime positioning. Whether you are looking for a renovation project to call your own or a strategic site for a future development, the sheer scale of this land provides a blank canvas that is increasingly hard to find in the Niagara Region. This property features two self contained living spaces, making it an ideal option for first time home buyers looking to offset their mortgage by living in one unit and renting the other, or for investors seeking immediate rental potential. The main unit offers 3 bedrooms and 1 bathroom, while the secondary unit provides 1 bedroom and 1 bathroom, perfect for extended family or additional income.The expansive corner lot opens the door to future possibilities. Whether you plan to renovate, hold as an income property, or explore redevelopment opportunities, the size and positioning of this lot present significant potential for a future project. Developers and builders will immediately recognize the long-term value in the land and the potential for a significant future project. With its generous width and prominent street exposure, there is ample room to explore the potential for a multi-unit development or a custom-designed project that takes full advantage of the site's unique characteristics. Conveniently located close to schools, shopping plazas, parks, and major highway access, this home provides everyday practicality along with long term upside. An excellent chance to enter the market, invest wisely, or plan your next development project. (id:64974)

Quick Facts

• Property Type: Duplex
• Bedrooms: 4 (4 above)
• Bathrooms: 2
• Attached: Yes
• Parking: 5 spaces (No Garage)
• Frontage: 64 ft (19.5 m)

Costs

• Annual Taxes: $3,369.00

Listing Provided by: ROYAL LEPAGE NRC REALTY
Board: Niagara Association of REALTORS®
Data provided via CREA DDF®.