55 John ST, Thorold, ON L2V 2S7
55 John ST, Thorold, ON L2V 2S7
55 John ST, Thorold, ON L2V 2S7
55 John ST, Thorold, ON L2V 2S7
55 John ST, Thorold, ON L2V 2S7
55 John ST, Thorold, ON L2V 2S7
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Jag Saini

Jag Saini

+1(905) 609-7653
$ 1,500,000
Est. payment | /mo

14 Beds

7 Baths

Save
$ 1,500,000
Est. payment | /mo
Save

14 Beds

7 Baths

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3000-3500

Subdivision 557 - Thorold Downtown

MLS Listing ID X13240754

Style 2-Storey

Bedrooms 14

Annual Tax Amount $6,650

Tax Year 2025

Property Sub-Type Multiplex

Property Description

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.

Location

Province ON

County Niagara

Area Niagara

Rooms

Family Room No

Basement Finished with Walk-Out

Kitchen 7

Interior

Interior Features Other

Cooling Other

Fireplace No

Heat Source Other

Exterior

Exterior Feature Porch, Privacy, Landscaped

Parking Features Available

Garage Spaces 1.0

Pool None

Waterfront Description None

View Clear

Roof Type Asphalt Shingle

Topography Flat

Lot Frontage 60.0

Lot Depth 100.0

Total Parking Spaces 11

Building

Unit Features Other,Public Transit,Rec./Commun.Centre,School Bus Route,Sloping

Foundation Block, Poured Concrete

Others

Security Features Carbon Monoxide Detectors

ParcelsYN Yes

Listed by RE/MAX WEST REALTY INC.
Jag Saini

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(905) 609-7653

jag@pinnaclerealty.ca

1625 Steeles Ave E, Brampton, ON, L6T 4T7, CAN

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55 John ST