For sale

C$1,500,000

55 John St, Thorold, ON L2V 2S7

--beds

0baths

3,396sqft

Get pre-qualified

Multi-5 Unit, Multi Family

Built in 1900

-- sqft lot

$-- Zestimate^®

C$442/sqft

C$-- HOA

What's special

Well-appointed apartment unitsRenovated unitsExterior improvements

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.

30 days

6

0

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 0

Heating

Other

Cooling

Other

Appliances

Laundry: Common Area

Features

Separate Hydro Meters, Other
Basement: Separate Entrance,Walk-Out Access,Full,Finished
Has fireplace: No

Interior area

Total structure area: 4,389
Total interior livable area: 3,396 sqft
Finished area above ground: 3,396
Finished area below ground: 993

Property

Parking

Total spaces: 11
Parking features: Attached Garage, Exclusive, Private Drive Double Wide
Attached garage spaces: 1
Uncovered spaces: 10

Features

Stories: 2
Patio & porch: Porch
Exterior features: Privacy, Private Entrance, Other
Frontage type: East
Frontage length: 60.00

Lot

Size: 6,000 Square Feet
Dimensions: 60 x 100
Features: Irregular Lot, City Lot, Highway Access, Public Transit, Quiet Area, Schools, Shopping Nearby, Other

Details

Additional structures: None
Parcel number: 644520210
Zoning: R3

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi-5 Unit, Multi Family

Materials

Brick, Stone
Foundation: Block, Poured Concrete
Roof: Asphalt, Asphalt Shing

Condition

100+ Years
New construction: No
Year built: 1900

Utilities & green energy

Sewer: Sewer (Municipal)
Water: Municipal

Community & HOA

Community

Security: Carbon Monoxide Detector(s)

Location

Region: Thorold

Financial & listing details

Price per square foot: C$442/sqft
Annual tax amount: C$6,650
Date on market: 6/4/2026
Inclusions: Other, All Washers And Dryers, Stoves, Pizza Oven At The Basement.
Road surface type: Paved

Frank Leo, Salesperson

(416) 917-5466

By pressing Contact Agent, you agree that the real estate professional identified above may call/text you about your search, which may involve use of automated means and pre-recorded/artificial voices. You don't need to consent as a condition of buying any property, goods, or services. Message/data rates may apply. You also agree to our Terms of Use. Zillow does not endorse any real estate professionals. We may share information about your recent and future site activity with your agent to help them understand what you're looking for in a home.