For Sale
Just Listed
55 John Street N
557 - Thorold Downtown, Thorold, ON
$1,300,000
14Bd
7Ba
3,250+sqft
11Parking
60 x 100 ftlot
$400/sqft
MultiplexMLS# X13689038Listed 2026-08-186 DOM
Basement
Finished with Walk-Out
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 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.
Renovated
Features
- Other
- Porch
- Privacy
- Landscaped
- Finished with Walk-Out
- 2-Storey
Financials
Annual Taxes
$6,650
Estimated Rental Income
Entire property$4,500 – $7,000/mo
Rental yield4.2% – 6.5%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Thorold
Days on market6 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.
61
/ 100
Walk Score
Somewhat Walkable
44
/ 100
Transit Score
Some Transit
41
/ 100
Bike Score
Somewhat 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.
You may also like
More homes in Thorold
Hand-picked listings with a similar price range and style.
For Sale4 months ago
$1,125,000
Multiplex
est. $4,932/mo
22 & 24 River Street, 561 - Port Robinson
Thorold, ON
16 bd
9 ba
—
9
MLS# X13002648Re/Max Success Realty
WhatsApp Aman
For Sale28 days ago
$1,475,000
Multiplex
est. $6,466/mo
363 Saulsbury Street, NW
Strathroy-Caradoc, ON
14 bd
12 ba
—
13
MLS# X13610808Sutton Group Preferred Realty Inc.
WhatsApp Aman
