55 John Street N Thorold, ON L2V 2S7
Listing Courtesy of: PropTX - IDX / Listed By: Re/Max West Realty Inc.

  55 John Street N Thorold, ON L2V 2S7

Active
$1,300,000 (CAD)
14
BED
7
BATH
3000-3500
SQFT

Description

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 contracts are associated with the property, ensuring straightforward ownership and lower operating complexity. Vendor take-back (VTB) financing may be available for qualified buyers. The building's roof and chimney have been recently replaced with new ones.

MLS®:
X13689038
Taxes
$6,650(2025)
Lot Size
5,995 SQFT
Type
Multifamily
Style
2-Storey
Views
Clear
County
Regional Municipality of Niagara
Community
557 - Thorold Downtown

Listed By

Re/Max West Realty Inc.
Source
PropTX - IDX
Last checked Aug 28 2026 at 10:01 AM EDT
Bathroom Details
Interior Features
  • Other
Property Features
  • Foundation: Poured Concrete
  • Foundation: Block
Heating and Cooling
  • Other
Basement Information
  • Finished With Walk-Out
Pool Information
  • None
Exterior Features
  • Brick
  • Stone
  • Roof: Asphalt Shingle
Utility Information
  • Sewer: Sewer
  • Fuel: Other
  • Energy: Energy Certificate: No
Garage
  • Attached
Parking
  • Available
Stories
  • 2
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