16 Ormond Street S, Thorold, ON L2V 1Y1
Thorold Downtown · L2V 1Y1
$2,499,000
$137 / sq ft31 months on market
- Interior
- 18,245 sf
- Lot
- 137.95 × 132.23 ft
About this property
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
- Property type
- vacant land
- Interior size
- 18,245 sq ft
- Lot size
- 137.95 × 132.23 ft
- Zoning
- C3
- Possession
- Flexible
Exterior & services
- Sewer
- Sanitary+Storm
Costs
- List price
- $2,499,000
- Property taxes
- $17,337 / year (2026)
- Price per sq ft
- $137
Listing
- MLS® number
- X8172154
- Status
- For sale
- Listed
- March 25, 2024
- Days on market
- 954
- Last updated
- October 19, 2026
- Listing brokerage
- COLDWELL BANKER MOMENTUM REALTY, BROKERAGE
Price & sale history
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Before you make an offer
What this home costs beyond the asking price, and how that price compares to what else is on the market.
How this price compares
This home is priced above most comparable listings — about 86% of comparable vacant land listings in Thorold are asking less.
- This home
- $137 / sq ft
- Comparable median
- $17 / sq ft
Based on 14 comparable active vacant land listings in Thorold. These are asking prices, not sale prices.
Mortgage estimate
- Principal & interest
- $11,053.92
- Property tax (est.)
- $1,444.74
- Estimated monthly
- $12,499
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Land transfer tax
Payable on closing, on top of the purchase price.
- Ontario
- $48,950
- Total due on closing
- $48,950
An estimate on the asking price of $2,499,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of COLDWELL BANKER MOMENTUM REALTY, BROKERAGE. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
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