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$9,900,000
16-20 Front St S, Thorold, ON L2V 1W9
0 Beds
0 Baths
24,000 sqft

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Fabulous investment opportunity! Downtown Thorold, extremely well maintained 3 year old building, featuring 62 student rental units and 1 1500sq ft commercial space located right in the heart of Front Street. The commercial space and student units are fully rented and the current property manager is willing to stay on, allowing for a stress-free investment. Each unit has a bedroom, sitting area and 3 pc bathroom. A shared kitchen on each floor includes 2 refrigerators, 2 stoves, 2 microwaves and an eating area to seat 8. A large common area in the basement with ping pong table, couches and tv's plus laundry area with coin operated washers and dryers. Units are hot water, radiator heat; All common areas and main floor commercial are forced air heat with a/c. Properties to the North have been purchased and will be redeveloped. Housing Brock University and Niagara College Students, with all necessary amenities in walking distance.
  • Price:
  • $9,900,000
  • Square Footage:
  • 24,000
  • Year Built:
  • 2018
  • Listing ID #:
  • 40181170
  • Street Address:
  • 16-20 Front St S
  • City:
  • Thorold
  • Province:
  • Ontario
  • Postal Code:
  • L2V 1W9
  • County:
  • Niagara
  • Community:
  • Thorold
  • Subarea:
  • 557 - Thorold Downtown
  • Listing Status:
  • Active
  • Listing Type:
  • Commercial Sale
  • Age Of Dwelling:
  • 0-5 Years
  • Approximate Square Footage Range:
  • 10, 000+
  • Basement Type:
  • Full Basement
  • Building Security:
  • Carbon Monoxide Detector(s), Smoke Detector(s), Other
  • Construction Description:
  • Aluminum Siding, Brick
  • Ease Of Access:
  • 32 Min Doors, 60 Turn Radius, Elevator, Hallway Width 36-41, Low Pile Carpeting
  • Flooring:
  • Carpet , Laminate
  • Foundation Material:
  • Poured Concrete
  • Has Basement:
  • 1
  • Interior Features:
  • Elevator, Games Room, Separate Heating Controls
  • Square Footage Source:
  • Builder
  • Stories:
  • 4.0
  • Total Building Square Footage:
  • 24000
  • Year Built:
  • 2018
  • Year Built Source:
  • Builder
  • Business Description:
  • Niagara Student Living
  • Approximate Lot Size Range Source:
  • Geowarehouse
  • Conforms To Zoning:
  • C1
  • Lot Size Side:
  • 262.68
  • Excluded:
  • Tenants Personal Property, Commercial Space Chattels And Fixtures
  • Originating Mls:
  • Niagara
  • Building Name:
  • Niagara Student Living
  • Sub Area:
  • 557 - Thorold Downtown
  • Laundry Description:
  • Coin Operated, Common Area, In Basement, Shared
  • Parking Description:
  • Public, Asphalt
  • Parking Spaces:
  • 18
  • Cooling System:
  • Central Air
  • Existing Water:
  • Municipal
  • Heating:
  • Forced Air, Gas, Hot Water-Other, Radiator
  • Sewage Type:
  • Sewer (municipal)
  • Listing provided by RE/MAX Garden City Realty Inc
  • ONITSO

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