55 John St, Thorold, ON L2V 2S7

--beds

0baths

3,396sqft

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Multi-5 Unit, Multi Family

Built in 1900

-- sqft lot

$-- Zestimate^®

C$383/sqft

C$-- HOA

What's special

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.

64 days
15
1

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 0

Heating

Other

Cooling

Other

Appliances

Included: Instant Hot Water
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