55 John Street, Thorold, ON L2V 2S7
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.
📋 Property summary 8 details ▼
🏠 Interior 1 features ▼
🧱 Building & exterior ▼
⚡ Utilities ▼
🌳 Lot & land ▼
📦 Inclusions & exclusions ▼
All washers and dryers, stoves, pizza oven at the basement.
📃 Listing details ▼
Listing information sourced from TRREB MLS® via PropTx. This property is being represented by the listing brokerage shown above. Ishaan Verma of Royal LePage Certified Inc. is happy to represent buyers viewing this property.
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Location
About Thorold
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