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55 John Street N in Thorold for sale

Asking price
$1,300,000
Estimate (Aug 18)
$1,277,901
MLS #:
X13689038
Type:
Multiplex, 2-Storey
Approx. SQFT:
3000-3500
Basement:
Fin W/O
14 14
1 60 x 100 ft lot
Legal five-plex featuring seven well-appointed apartment units, each offering 2 bedrooms and 2 bathrooms, ideally located in downtown Thorold. This fully tenanted property generates strong and stable income with an approximate 6% cap rate. An excellent opportunity for both investors and owner-occupiers seeking to offset living costs with rental income. The building has been updated with renovated units and exterior improvements, enhancing both tenant appeal and long-term value. No rental items or contracts are associated with the property, ensuring straightforward ownership and lower operating complexity. Vendor take-back (VTB) financing may be available for qualified buyers. The building's roof and chimney have been recently replaced with new ones.

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  • Date Listed: Tuesday, August 18, 2026
  • Listing Brokerage: Re/Max West Realty Inc. - Disclaimer: The information contained in this listing has not been verified by Re/Max West Realty Inc. and should be verified by the buyer.
  • City: Thorold

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  • Neighbourhood: Thorold Downtown
  • Major Intersection: Corner of John Street and McNamara Street
  • Full Address: 55 John Street N, Thorold, L2V 2S7, Canada, ON, Canada
  • Amenities:
  • Taxes: $6,650.00 (2025)

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