$999,999
For sale: Vacant Land

Amazing Development Opportunity! SITE APPROVED for a 9 unit building including 6 residential and 3 commercial units. This is an incredible investment opportunity located in the heart of downtown Thorold. Location is optimal as it is close to all amenities. Preliminary legwork has been done. Nothing to do but obtain a building permit. Buyer to do their due diligence with the City of Thorold for permitted uses.
Sold data
Homes in Thorold Downtown took a median of 28 days to sell over the last 365 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 62, across 109 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 81 days.
The median sale price was $524,900.
Homes sold for about 3.4% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 27% of sellers reduced their price before finding a buyer.
Based on 109 recorded sales in the last 1 year. Aggregate statistics only; individual sale prices are not shown.
Schools
Thorold (Thorold Downtown) has 6 Fraser Institute–rated schools (5 elementary and 1 secondary), averaging 7.5/10.
School ratings from the Fraser Institute's Ontario school report cards.
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