55 John Street, Thorold, ON

$1,500,000
MLS#:X13240754
14 beds
7 baths
3000-3500 sqft
11.0 parking
Residential Freehold
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Description

Property Highlights

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.

  • 14 Bedrooms and 7 Bathrooms with 7 functional kitchens
  • Generous living space spanning 3000-3500 sqft on a premium 60 x 100 ft lot
  • Features a ["finished with walk-out"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 11.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Other
  • equipped with ["other"] central cooling and highly efficient other heating via other

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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Key Features

Bedrooms
14
Bathrooms
7
Kitchens
7
Living Area
3000-3500 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date6/4/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeMultiplex
ConstructionBrick, Stone
Lot Size60 × 100 Feet
CountyNiagara
Annual Tax$6,650
Legal DescriptionPT LT II PL 898 AS IN BB4074; THOROLD

Parking & Garage

Parking Spaces11.0
Garage Spaces10
Garage TypeAttached

Heating & Cooling

Heat SourceOther
Heat TypeOther
Cooling["Other"]

Features

Property Features

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

Community Features

Location

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55 John Street, Thorold, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 55 John Street, Thorold, ON L2V 2S7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$1,200,000
Monthly Mortgage$6,972
Property Tax (Est.)$554
Utilities & Maint.$350
Total Monthly Cost$7,876

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Thorold.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.