
Courtesy of: JAYMIN SONI, Salesperson, ROYAL LEPAGE TERRA REALTY
$1,399,900
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Vacant Land
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$1,399,900
13029 LUNDYS LANE Rare investment opportunity in Thorold's growing Niagara region! 2.406 acres of C5 Highway Commercial zoned land with endless potential uses, including commercial plaza, truck/trailer parking, storage, restaurants, convenience stores, drive-throughs, banquet halls, lodges, and more (with city approval). Property includes a detached 3-bed, 1-bath home currently generating approx. $3, 000/month rental income plus a garage workshop. Directly across the street, a major new residential & commercial development by Bousfields Inc. is underway, featuring 46 detached homes, 264 townhouses, and 1, 753 apartment units. To capitalize on this growth, the seller has proposed a new commercial plaza on site (under city review) - site plan available on request. Expected to have utilities installed soon. Excellent location with easy highway access. Gas line on property with well water & septic already in place. Whether you're looking to develop, operate a business, or hold for long-term appreciation, this property offers immediate rental income and tremendous future potential in a high-growth community. (id:203)