NewFor Sale

55 John Street N
Thorold, Niagara, ON, L2V 2S7

Multiplex
TRREB
MLS® Number: X13689038

RE/MAX WEST REALTY INC.

Listing brokerage
Estimated Value
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$1,300,000List Price
14Bedrooms
7Bathrooms
1Garages
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Property Location

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Listing History

Buy/sell history for 55 John Street N, Thorold, ON L2V 2S7

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Current valuation for 55 John Street N, Thorold, ON L2V 2S7. Listed for $1,300,000 on 2026-10-19

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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.

Features

OtherPublic TransitRec./Commun.CentreSchool Bus RouteSloping

Amenities

No amenities available

Summary

Tax:$6,650 / 2025
Listing #:X13689038
Property Type:Multiplex, 2-Storey
Size:3000-3500 feet²
Land Size:60 x 100 | 100 + acres
Days on CPRB:
Garage:Attached 1 garage
Locker:None
On CPRB Since:
Listing Brokerage:RE/MAX WEST REALTY INC.

Details

Property

Property Type:Multiplex
Style:2-Storey
Community:557 - Thorold Downtown
Municipality:Niagara

Building

Size:3000-3500 feet²
Construction:Brick, Stone

Inside

Bedrooms:14
Bedrooms Above Grade:14
Bathrooms:7
Bathrooms Detail:2, 3pc Main floor
Bathrooms Detail:2, 3pc Main floor
Bathrooms Detail:2, 3pc Second floor
Bathrooms Detail:1, 3pc Basement floor
Kitchens:7
Family Room:No
Appliances Included:Other
Basement:Finished with Walk-Out

Parking

Driveway:Available
Garage Type:Attached
Garage Spaces:1
Total Parking Spaces:11

Utilities

Cooling:Other
Heating Type:Other
Heating Fuel:Other
Utility Sewer:Sewer

Land

Cross Street:Corner of John Street and McNamara Street

$1,300,000

List price

55 John Street N, Thorold – 14 bed Multiplex for sale · MLS® # X13689038 | CPRB