13029 Lundys Lane Thorold, Ontario L0S 1A0

$1,399,900

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:55460)

Property Details

MLS® Number	X12847656
Property Type	Vacant Land
Community Name	561 - Port Robinson

Building

Size Interior

2 Acres

Land

Acreage	Yes
Sewer	Sanitary Sewer
Size Depth	680 Ft
Size Frontage	165 Ft
Size Irregular	2.406
Size Total	2.406 Ac
Size Total Text	2.406 Ac
Zoning Description	Highway Commercial

https://www.realtor.ca/real-estate/29430846/13029-lundys-lane-thorold-port-robinson-561-port-robinson