Welcome to this remarkable ["2-Storey"] multiplex located in the coveted neighborhood of 557 - Thorold Downtown. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $1,500,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
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.
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Other, Public Transit, Rec./Commun.Centre, School Bus Route, Sloping
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 55 John Street, Thorold, ON L2V 2S7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
No schools found within 3 km of this property.
No current listings found in Thorold.
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