164 Thorold Road Welland, Ontario L3C 3V6

$1,299,900

Prime development opportunity at 164 Thorold Road in the heart of Welland! This expansive 120ftx 275ft lot offers immense potential for a savvy investor or developer. With future development possibilities for lot severance to build townhouses, a multi-residential building, or an apartment complex, this property is ideal for those looking to maximize their investment potential. The buyer is encouraged to complete their own due diligence regarding zoning and development options. Currently, a 2-storey character home sits on the lot, offering 2,600 sqft of living space with 3 bedrooms, 2 bathrooms, and a large 4-season sunroom. While the home has its charm, the real value lies in the land and the possibilities it holds. The existing house features an oversized driveway, double detached garage, and a large front porch. Inside, you’ll find oversized windows, high ceilings, an open-concept dining/kitchen area, and multiple flexible spaces like a great room that could be used as an office, playroom, or additional living area. Upstairs, the primary bedroom includes an ensuite, and the shared spa-like bathroom features a soaker tub surrounded by classic columns. Beyond the home, the backyard extends into a deep lot with ample space for future development projects. Whether you’re looking to subdivide and sell lots, develop multi-unit residences, or create a residential-commercial hybrid, the options are vast. The location and lot size offer the perfect foundation for new construction in a growing area. With this property, you’re truly selling the land more than the house—an incredible investment opportunity to unlock the full potential of this prime piece of real estate! (id:54990)

Property Details

MLS® Number	40634045
Property Type	Single Family
Amenities Near By	Public Transit, Schools, Shopping
Community Features	Community Centre, School Bus
Equipment Type	Water Heater
Parking Space Total	10
Rental Equipment Type	Water Heater

Building

Bathroom Total	3
Bedrooms Above Ground	3
Bedrooms Total	3
Appliances	Dishwasher, Dryer, Refrigerator, Stove, Washer
Architectural Style	2 Level
Basement Development	Unfinished
Basement Type	Partial (unfinished)
Construction Style Attachment	Detached
Cooling Type	Central Air Conditioning
Exterior Finish	Stucco
Foundation Type	Block
Half Bath Total	1
Heating Fuel	Natural Gas
Heating Type	Forced Air
Stories Total	2
Size Interior	2,600 Ft2
Type	House
Utility Water	Municipal Water, Unknown

Land

Acreage	No
Land Amenities	Public Transit, Schools, Shopping
Sewer	Municipal Sewage System
Size Frontage	118 Ft
Size Total Text	1/2 - 1.99 Acres
Zoning Description	R2

Rooms

Level	Type	Length	Width	Dimensions
Second Level	3pc Bathroom			Measurements not available
Second Level	Bedroom			18'0'' x 12'0''
Second Level	Bedroom			18'0'' x 8'0''
Second Level	Primary Bedroom			18'0'' x 15'0''
Main Level	2pc Bathroom			Measurements not available
Main Level	4pc Bathroom			Measurements not available
Main Level	Bonus Room			20'0'' x 10'0''
Main Level	Den			12'0'' x 12'0''
Main Level	Family Room			13'0'' x 13'0''
Main Level	Living Room			16'0'' x 24'0''
Main Level	Dining Room			21'0'' x 11'0''
Main Level	Kitchen			11'0'' x 17'0''

https://www.realtor.ca/real-estate/27335385/164-thorold-road-welland