Welcome to 10 Albert Street E, a fantastic investment in the heart of the revitalized downtown Thorold. This impressive four-storey mixed-use building, constructed in 2018, stands as a beacon of modernity while embracing the charm of the historic surroundings. Boasting six main floor commercial units, with all but one currently tenanted, this property offers a prime opportunity for entrepreneurs seeking a strategic location in the busy downtown core. Comprising 18 fully tenanted luxury apartments, each featuring 2 bedrooms, 2 bathrooms, in-suite laundry & some with balconies, this building caters to growing demand for high-end residential spaces. Meticulously built with approximately 31, 065 square feet, the structure includes an elevator for convenience, handicap accessible bathrooms and underground parking with eighteen spots for ease of access. The massive rooftop patio provides breathtaking views of the city and beyond, creating an ideal space for residents to relax or entertain. Additional features include a lounge area, barbeques, gardens and a fenced in dog run. Zoned C1, this property offers a perfect blend of residential and commercial spaces allowing for diverse uses and maximizing investment potential. Don’t miss out on this opportunity to own a downtown Thorold gem!
MLS# | 40524731 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Days On Site | 274 |
Listing Provided By | BOLDT REALTY INC., BROKERAGE | Ted Boldt |
SQ Feet | 31,065 |
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Garage | 18 |
Basement | Y |
Story(s) | 4 |
Zoning | C1 |
Province | ON |
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Region | Niagara |
City | Thorold |
Postal Code | L2V 1P1 |
Area | Thorold |
Subarea | 557 Thorold Downtown |
Community Name | 557 Thorold Downtown |
Listing VS Median (in 557 Thorold Downtown) | |
Price: $13,895,000 low | high Med: $579,000 SqFt: 31,065 low | high Med: 1,422 $ / SqFt: $447 low | high Med: $409 On Site: 274 low | high Med: 51.500000 |