55 John Street
Just listed! New listings in Thorold often receive offers within the first week.
About this home
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 contractors are associated with the property, ensuring straightforward ownership and lower operating complexity. Vendor Take-Back (VTB) financing may be available for qualified buyers.
Features
- Other
- Porch
- Privacy
- Landscaped
- Finished with Walk-Out
- 2-Storey
Financials
Estimated Rental Income
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Thorold
Based on active listings in Thorold. Data updates daily.
Our estimate for this home
Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
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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