Views
Address
10 Albert Street E, Thorold, ON
Price
$ 15,000,000
Property Attributes
  • ID#40525248
  • TypeMulti-Family
  • CityThorold
  • AreaThorold
  • Neighbourhood557 - Thorold Downtown
  • Postal CodeL2V 1P1
  • StyleApartment
  • Year Built2018
  • Taxes$ 57337
  • Price$ 15,000,000
  • Bedrooms36
  • Full Bathrooms36
  • Half Bathrooms0
  • Sqr Footage31065
Data Source:
Ontario Regional (ITSO)
Property Description

Welcome to 10 Albert Street E, a fantastic investment in the heart of the revitalized downtown Thorold. This impressive four-storey mixed-use building, constructed in 2018, stands as a beacon of modernity while embracing the charm of the historic surroundings. Boasting six main floor commercial units, with all but one currently tenanted, this property offers a prime opportunity for entrepreneurs seeking a strategic location in the busy downtown core. Comprising 18 fully tenanted luxury apartments, each featuring 2 bedrooms, 2 bathrooms, in-suite laundry & some with balconies, this building caters to growing demand for high-end residential spaces. Meticulously built with approximately 31, 065 square feet, the structure includes an elevator for convenience, handicap accessible bathrooms and underground parking with eighteen spots for ease of access. The massive rooftop patio provides breathtaking views of the city and beyond, creating an ideal space for residents to relax or entertain. Additional features include a lounge area, barbeques, gardens and a fenced in dog run. Zoned C1, this property offers a perfect blend of residential and commercial spaces allowing for diverse uses and maximizing investment potential. Don’t miss out on this opportunity to own a downtown Thorold gem!

Price History
1/8/2024 Listed $15,000,000

General Features

Interior Features Elevator,Separate Heating Controls,Separate Hydro Meters
Sewer Sewer (Municipal)
Heating Forced Air,Natural Gas
Cooling Central Air
Roof Flat
Appliances Dishwasher,Dryer,Refrigerator,Stove,Washer
Zoning C1
Garage Spaces 18
Construction Materials Block,Stucco
Year Built 2018
Property SubType Apartment
County Niagara
New Construction No
Property Type Residential Income
Attached Garage No
Garage Y/N Yes
Status Active
Directions Ormond Street to Albert Street E. Near the corner of Albert Street E & Front Street N.
City Thorold
Senior Community Y/N No
Total Units 18
MLS Area Thorold
Waterfront Y/N No
Street Name Albert
MLS Area Minor 557 - Thorold Downtown
Building Area Units Square Feet
Standard Status Active

Interior Features

Basement Full,Unfinished
Total Stories 4
Air Conditioning Y/N No
Heating Y/N Yes
Fireplace Y/N No
Above Grade Finished Area 31065
Street Suffix Street
Laundry Features In-Suite
Total Bedrooms 36
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Total Baths 36

Exterior Features

Lot Features City Lot,High Traffic Area,Highway Access,Park,Place of Worship,Public Transit,Schools,Shopping Nearby
Water Source Municipal
Total Parking 18
Inclusions Other
Foundation Details Poured Concrete
Building Area Total 31065
Frontage Length 96.05
Frontage Type North
Covered Spaces 18
Crops Included Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in L2V 1P1

Price
AVG $15M
$15M
Taxes
AVG $57,337
$57,337
Visits
AVG 154
153
Data Provided by Inside Real Estate®
Year Built
AVG 2018
2018

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