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16 Ormond Street Thorold ON

📍 Thorold, Ontario L2V 1Y1

$2,499,000

Active
137.95×132.23LOT (FT)

📋 Listing Highlights

StatusActive
MLS®X8172154
ListedMar 25, 2024
Days on Market—
Property TypeCommercial
StyleLand
Cross StreetOrmond/Clairmont
PossessionFlexible

📝 Listing Description

Discover a prime development opportunity in Thorolds downtown core at 16 Ormond St South. This centrally located site, measuring 137x132 feet, is shovel-ready with zoning approvals for a 6-storey building. It presents a unique opportunity to offer affordable living solutions. Key Highlights include: Prime Downtown Location - Situated in the downtown core of Thorold, Ontario, this property is perfectly positioned to benefit from local amenities, public transportation, and community services. Ready for Development - With all approvals in place, this site is prepared for quick turn around and site plan. Versatile Development Options - Approved for either 40 1-bedroom apartments/condos or a 75-bed senior living/retirement home, catering to a diverse range of residents seeking living solutions. Further information and site package available upon request.

🏠 Property Details

Property TypeCommercial
StyleLand

📐 Lot & Land

Lot Width137.95 ft
Lot Depth132.23 ft
Cross StreetOrmond/Clairmont

💰 Financial

List Price$2,499,000
Annual Taxes$17,336.84 (2026)
PossessionFlexible

🧮 Mortgage Calculator

$499,800
Est. Monthly Payment
$12,277/mo
Principal: $1,999,200 · P+I only
Does not include taxes, insurance or CMHC

📍 Location

Listing provided by COLDWELL BANKER MOMENTUM REALTY, BROKERAGEData via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #X8172154 · Last updated: Jul 14, 2026

Information deemed reliable but not guaranteed. © TRREB / PropTx. MLS® is a trademark of CREA. This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.