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16-20 Front Street S Thorold, Ontario L2V 1W9

Central Air Conditioning Forced Air, Hot Water Radiator Heat

$9,900,000

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. (id:38658)

Business

Name Niagara Student Living

Property Details

MLS® Number 40181170
Property Type Other
Amenities Near By Public Transit, Schools, Shopping
Community Features High Traffic Area
Features Elevator, Paved Driveway, Passenger Elevator, Laundry- Coin Operated
Parking Space Total 18

Building

Basement Development Finished
Basement Type Full (finished)
Constructed Date 2018
Cooling Type Central Air Conditioning
Exterior Finish Aluminum Siding, Brick
Fire Protection Smoke Detectors, Unknown
Flooring Type Carpeted, Laminate
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air, Hot Water Radiator Heat
Stories Total 4
Size Exterior 24000.0000
Utility Water Municipal Water

Land

Access Type Highway Access
Acreage No
Land Amenities Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 263 Ft
Size Frontage 65 Ft
Size Total Text Under 1/2 Acre
Zoning Description C1

https://www.realtor.ca/real-estate/23772714/16-20-front-street-s-thorold

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