22 & 24 River St, Thorold, Ontario

Multi-Family for Sale in Thorold

22 & 24 River St, Thorold, ON

  • CA$1,190,000
  • 16 BEDS
  • 9 BATHS
  • 14,273.99 sq.ft. Land
  • CA$1,190,000

Multi-Family for Sale in Thorold

22 & 24 River St, Thorold, ON

  • CA$1,190,000
  • 16 BEDS
  • 9 BATHS
  • 14,273.99 sq.ft. Land
  • CA$1,190,000

Key Facts

  • MLS® #: X13002648
  • Property ID: SIRC3256598
  • Property Type: Residential, Multiplex
  • Lot Size¹: 159.7x89.38 ft. (14,273.99 sq.ft.)
  • Bedrooms: 16
  • Bathrooms: 9
  • Parking Spaces: 9
  • Listed By:
  • RE/MAX SUCCESS REALTY

Property Description

Newly Lowered Price!! This is a Great Opportunity to acquire this Rare 9-Unit Multi-Residential Investment property in Thorold which will offer about $72,000 net operating Income yearly when the 2 Bedroom becomes rented at $1450./mo. 22-24 River Street which is located in the historic hamlet of Port Robinson, Thorold is situated on the east bank of the Welland Canal. 2nd Floor front tenants enjoy a view of the Canal as the ships go by. 7 out of 9 Units have been updated ! 8 out of 9 units pay their own Hydro being separately metered! Residential License for both Properties til Feb 2028! New Gravel was laid down the private driveway and all through the back area where the 9 car parking is. Half the Roof was replaced in 2024 (Bill included). Vendor will hold a first mortgage with 20% Down Payment and is Motivated to sell since he will be retiring after owning the building for a decade.

Downloads & Media

Listing Agents

RE/MAX SUCCESS REALTY

Request More Information

*Showing requires confirmation from agent.

Request More Information

*Showing requires confirmation from agent.

Location

22 & 24 River St, Thorold, Ontario, L0S 1K0 Canada

Around this property

Information about the area within a 5-minute walk of this property.

Request Neighbourhood Information

Learn more about the neighbourhood and amenities around this property

Request Now

Payment Calculator

mo.* estimated monthly payment based on:
  • $
  • %$
  • %
  • Principal and Interest 0
  • Property Taxes 0
  • Strata / Condo Fees 0
* This payment calculator’s purpose is to provide a rough estimate for planning and educational purposes only. It should not be used as your sole source of information for financial planning purposes. This tool does not offer a loan nor does it solicit your information, it is also not financial or legal advice. Please contact a qualified professional for your financial advice. No responsibility or liability whatsoever can be accepted by Sotheby’s International Realty Canada or Sotheby’s International Realty Affiliates for any loss or damage resultant from any use of, reliance on or reference to the contents of this payment calculator.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the Toronto Real Estate Board. The data is deemed reliable but is not guaranteed to be accurate.
¹The value refers to the total area of living space within a residential structure or the property lot size. All information regarding lot or house size is deemed reliable but not guaranteed and must be verified by the purchaser. Measurement definitions may vary by region.
Home/Ontario/Thorold/MLS® X13002648