1426 KOTTMEIER Road, Thorold, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of 562 - Hurricane/Merrittville. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $3,290,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 415 x 184 ft lot size
- 0.0 total parking spaces available
Description
Attention Builders, this is a great opportunity to acquire a Site Plan Approved parcel of land in Thorold's rapidly developing southwest sector. Yielding 30 townhomes, the parcel is 0.71 hectares in size, properly rezoned, with Site Plan Agreement in hand for an approved development of 30 "vacant land" or freehold townhouse units, as Builder determines. Convenient access via the Merritt Rd exit off Hwy 406 ensures excellent connectivity for residents, placing downtown Welland, Thorold, and Brock University within easy reach. The property neighbours the established Legacy Community spearheaded by Empire, positioning it at the forefront of the area's ongoing growth within the highly desirable "new" Port Robinson Area. 30 units are phase-able in blocks and 24 units are at 23' wide with 6 units at 26' wide. Detailed information regarding the property is available upon request.
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Property Summary
This vacant land located at 1426 KOTTMEIER Road, Thorold is currently for sale and has been available on SousaSells for 371 days. This property is listed at $3,290,000 with an estimated mortgage of $10,951* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 1426 KOTTMEIER Road, Thorold is in the 562 - Hurricane/Merrittville neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1426 KOTTMEIER Road, Thorold, ON L3B 5N5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Thorold, ON
For a property listed at $3,290,000 in Thorold, the legal minimum down payment is $658,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $68,725 for this transaction. As this listing is in Thorold (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $68,725.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.