For Sale: 55 John Street, Thorold, ON - REW
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$1,500,000
0 bd • 0 ba • 3396 sf • Multifamily
55 John Street
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$1,500,000
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55 John StreetThorold, ON, L2V 2S7

  • 0 Bed
  • 0 Bath
  • 3396 Sqft
  • Multifamily

About this home

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.
Listed by: Frank Leo, RE/MAX WEST REALTY INC TORONTO

Home facts and features

Price details
List Price
$1,500,000
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Gross Taxes for 2026
$6,650
Home facts
Bedrooms
0
Full Bathrooms
0
Parking Spaces
11
Parking Details
Attached Garage, Exclusive
Property Type
Multifamily
Lot Size
60 ft x 100 ft (6000 ft²)
Depth
100.0
Frontage
60.0
Year Built
Built in 1900 (126 yrs old)
Heating Type
Other
Cooling
Other
Basement Details
Separate Entrance,Walk-Out Access,Full,Finished
Features
Carbon Monoxide Detector(s), Common Area, Other, Privacy, Private Entrance, Separate Hydro Meters
Appliances
All Washers And Dryers, Pizza Oven At The Basement., Stoves
Agent details
Primary Agent
Primary Broker
RE/MAX WEST REALTY INC TORONTO
Listing details
Days on REW
46 Days
MLS® Number
40836511
Source
Information Technology Systems Ontario
Board
Cornerstone Association of REALTORS®
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Thorold Secondary School
  • Public
  • 9 - 12
St Charles Catholic Elementary School
  • Catholic
  • JK - 3
Prince of Wales Public School
  • Public
  • JK - 8
Westmount Public School
  • Public
  • JK - 8
St Theresa Catholic Elementary School
  • Catholic
  • JK - 8
ÉÉC Sainte-Marguerite-Bourgeoys-St.Cath
  • Catholic
  • JK - 8
Monsignor Clancy Catholic Elementary School
  • Catholic
  • 4 - 8
Richmond Street Public School
  • Public
  • JK - 8
St Christopher Catholic Elementary School
  • Catholic
  • JK - 8
Denis Morris Catholic High School
  • Catholic
  • 9 - 12
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Frank Leo
Office:
416-760-0600
Fax:
416-760-0900
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