Active Multiplex For Sale 17 DOM
$1,500,000
MLS® X13240754

55 John Street, Thorold, ON L2V 2S7

Thorold · 557 - Thorold Downtown · L2V 2S7
Monthly cost · estimate
$0/mo
— · — · —
🤖
Hunter's read
Five-plex, fully tenanted, ~6% cap rate—solid income play in downtown Thorold at $1.5M.
14
Beds
7
Baths
3000-3500
Sqft
10
Parking
5995.49
Lot sqft

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
Property Type
Multiplex
Style
['2-Storey']
Square Footage
3000-3500
Days on Market
17 days
Annual Taxes
$6,650
Lot Size
60.0' × 100.0'
Community
557 - Thorold Downtown
Parking
11.0 spaces
🏠 Interior 1 features
Basement
Finished with Walk-Out
Interior features
Other
🧱 Building & exterior
Foundation
Block, Poured Concrete
Exterior
Brick, Stone
Other structures
Other
⚡ Utilities
Heating
Other
Cooling
['Other']
Water
['Water System']
Sewer
['Sewer']
🌳 Lot & land
Frontage
60.0 ft
Depth
100.0 ft
Total Area
5,995 squarefeet (0.14 acres)
Shape
Irregular
Source
GeoWarehouse
📦 Inclusions & exclusions
Included with sale

All washers and dryers, stoves, pizza oven at the basement.

📃 Listing details
MLS® Number
X13240754
Days on Market
17 days
Possession
Flexible
Listing Brokerage
RE/MAX WEST REALTY INC.

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.

Recent comparable sales

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Location

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About Thorold

Browse more Thorold listings · See the Thorold city page with market trends and neighbourhood breakdowns.

$1,500,000
55 John Street, Thorold, ON L2V 2S7
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💰 Sold-comp analysis · Free

What is this home really worth?

Hunter pulls the last 6 months of actual closed sales on this street, computes the average sold price, days on market, and sold-to-list ratio — then tells you if 55 John Street, Thorold, ON L2V 2S7 is priced fairly, over, or under.

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