For Sale
Just Listed
22 & 24 River Street
561 - Port Robinson, Thorold, ON
$1,395,000
16Bd
9Ba
5000 +sqft
9Parking
89.38 x 159.7 ftlot
MultiplexMLS# X13002648Listed 2026-04-157 DOM
About this home
This Rare 9-Unit Multi-Residential Investment property in Thorold offers a storybook setting at 22 & 24 River Street which is located in the historic hamlet of Port Robinson, situated on the east bank of the Welland Canal. 2nd Floor front tenants enjoy a view of the Canal as the ships go by. The original home has solid stone foundation then 2 later additions in the 80's/90's were added . 7 out of 9 Units have been updated ! 8 out of 9 units pay their own Hydro being separately metered! Residential License for both Properties til Feb 2028! New Gravel was laid down the private driveway and all through the back area where the 9 car parking is. Half the Roof was replaced in 2024 (Bill included). Vendor will hold a first mortgage with 15% Down Payment
Features
- Floor Drain
- Separate Hydro Meter
- Water Meter
- Sump Pump
- Apartment
- Window Unit(s)
- 2-Storey
Financials
Annual Taxes
$9,463
Estimated Rental Income
Entire property$4,500 – $7,000/mo
Rental yield3.9% – 6.0%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Thorold
Days on market7 days
Buyer's MarketSeller's Market
Based on active listings in Thorold. Data updates daily.
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
53
/ 100
Walk Score
Somewhat Walkable
36
/ 100
Transit Score
Some Transit
51
/ 100
Bike Score
Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.
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