368-3689910_homelife-bayside-realty-ltd-brokerage

Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD

Call Now: 416-939-2500 Email: vikas@vikaspalan.com

55 John Street, Thorold, ON L2V 2S7

$1,500,000
  • Sale
  • Multiplex
  • 1 days ago
  • Updated: 2026-06-04

Property Overview

Property Type
Multiplex
Bedrooms
14
Bathrooms
7
Garage
Attached/10
Size
N/A
Age
N/A
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.

Key Details

  • X13240754
  • Attached/10
  • $1,500,000
  • Owner+Tenant
  • None
  • 7 + 7
  • 2-Storey
  • 14
  • 7
  • 3000-3500 Sqft
  • 5995.49 SquareFeet
  • N/A
  • Multiplex
  • Sale

Additional Details

  • Other / Other
  • R3
  • $6650
  • 2025
  • PT LT II PL 898 AS IN BB4074; THOROLD
  • N/A
  • N
  • 5995.49
  • Finished with Walk-Out
  • Other
  • Porch,Privacy,Landscaped
  • Other,Public Transit,Rec./Commun.Centre,School Bus Route,Sloping
  • Municipal

Properties you may like

Est. monthly payment
Edit details
$
%
yr
%

Down payment
Loan amount
Land transfer tax
CMHC premium
Total upfront

Enter your expected mortgage, annual expenses, and rental income to calculate monthly cash flow for this investment property.

$
$
$
Monthly Cash Flow
net per month
Annual Cash Flow
net per year
Monthly Costs
mortgage + expenses
Cost Coverage
costs vs rent

Estimates only. Not financial or investment advice.

FAQ
  • What is the total square footage of the x13240754 - 55 John Street, Thorold, ON L2V 2S7?

    The total square footage of this property is 3000-3500 SqFt.

Book a Viewing or Contact Us

Ask a question or request a viewing, we’ll respond quickly

Or
Text (416-939-2500) me directly for fastest response
RoofUp
Logo