Multi-Family for Sale in Thorold
55 John St, Thorold, ON
- 14 BEDS
- 7 BATHS
- 5,995.49 sq.ft. Land
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- Multi-Family for Sale in Thorold
Key Facts
- MLS® #: X13240754
- Property ID: SIRC3395105
- Property Type: Residential, Multiplex
- Lot Size¹: 100x60 ft. (5,995.49 sq.ft.)
- Bedrooms: 14
- Bathrooms: 7
- Parking Spaces: 11
- Listed By:
- RE/MAX WEST REALTY INC.
Property 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 contractors are associated with the property, ensuring straightforward ownership and lower operating complexity. Vendor Take-Back (VTB) financing may be available for qualified buyers.
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Location
55 John St, Thorold, Ontario, L2V 2S7 Canada
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