REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,199,900
Est. payment /mo
Active
164 THOROLD RD Welland, ON L3C 3V6
3 Beds
3 Baths
UPDATED:
10/21/2024 06:12 PM
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
MLS Listing ID X9272340
Style 2-Storey
Bedrooms 3
Annual Tax Amount $3,662
Tax Year 2023
Property Description
Prime development opportunity at 164 Thorold Road in the heart of Welland! This expansive 120ftx 275ft lot offers immense potential for a savvy investor or developer. With future development possibilities for lot severance to build townhouses, a multi-residential building, or an apartment complex, this property is ideal for those looking to maximize their investment potential. Currently, a 2-storey character home sits on the lot, offering 2,600 sqft of living space with 3 bedrooms, 2 bathrooms, and a large 4-season sunroom. While the home has its charm, the real value lies in the land and the possibilities it holds. The existing house features an oversized driveway, double detached garage, and a large front porch. Inside, youll find oversized windows, high ceilings, an open-concept dining/kitchen area, and multiple flexible spaces like a great room that could be used as an office, playroom, or additional living area. Upstairs, the primary bedroom includes an ensuite, and the shared spa-like bathroom features a soaker tub surrounded by classic columns. Beyond the home, the backyard extends into a deep lot with ample space for future development projects. Whether youre looking to subdivide and sell lots, develop multi-unit residences, or create a residential-commercial hybrid, the options are vast. The location and lot size offer the perfect foundation for new construction in a growing area. With this property, youre truly selling the land more than the house an incredible investment opportunity to unlock the full potential of this prime piece of real estate!
Location
Province ON
County Niagara
Rooms
Family Room No
Basement Unfinished
Kitchen 1
Interior
Interior Features Other
Cooling Central Air
Fireplace Yes
Heat Source Gas
Exterior
Garage Private Triple
Garage Spaces 8.0
Pool None
Waterfront No
Roof Type Asphalt Shingle
Total Parking Spaces 10
Building
Foundation Concrete Block
Listed by RE/MAX NIAGARA REALTY LTD.