MLS: X13689038 Date listed: 2026-08-18
55 John St N Thorold - Thorold Downtown
Multiplex For sale
Listed for $ 1,300,000

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14 BEDS
7 BATH
3000-3500 SQ. FT.
1 GARAGE
See apartment on the map
14 BEDS
7 BATH
3000-3500 SQ. FT.
1 GARAGE

Description

Listed by RE/MAX WEST REALTY INC.

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.

Key Facts:

Tax: $6,650 / 2025
Property Type: Multiplex
Sq. ft. size 3000-3500 sq. ft.
Lot Size: 60 x 100 feet
Lot Irregularities: PT LT II PL 898 AS IN BB4074; THOROLD
Parking: Attached garage (1), 11 spaces in total
Basement: Fin W/O
Listing #: X13689038
Days on Site: 77 days
Status Change: 69 days ago
Added to CiRealty: 2026-08-18
Updated on: 2026-08-26
Market Demand:
Buyer’s Market
Balanced
Seller’s Market
Property Details
Property details for 55 John St N, Thorold. Listed for $1,300,000 on 2026-08-18
Property
Property Type: Multiplex
Style: 2-Storey
Community: Thorold Downtown
Municipality: 557
Inside
Bedrooms: 14
Bathrooms: 7
Bathrooms Detail: 2 × 3pc, main floor
Bathrooms Detail: 2 × 3pc, main floor
Bathrooms Detail: 2 × 3pc, 2nd floor
Bathrooms Detail: 1 × 3pc, basement
Kitchens: 7
Rooms: 28
Family Room: No
Den: No
Fireplace: No
Central Vac: No
Utilities
Water: Municipal
Cooling: Other
Heating Type: Other
Building
Size: 3000-3500 sq. ft.
Construction: Brick, Stone
Parking
Garage Type: Attached
Garage Spaces: 1
Driveway: Available
Driveway Spaces: 10
Total Parking Spaces: 11
Land
Sewer: Sewers
Frontage: 60 feet
Depth: 100 feet
Cross Street: Corner of John Street and McNamara Street
Property
Property Type: Multiplex
Style: 2-Storey
Community: Thorold Downtown
Municipality: 557
Building
Size: 3000-3500 sq. ft.
Construction: Brick, Stone
Parking
Garage Type: Attached
Garage Spaces: 1
Driveway: Available
Driveway Spaces: 10
Total Parking Spaces: 11
Inside
Bedrooms: 14
Bathrooms: 7
Bathrooms Detail: 2 × 3pc, main floor
Bathrooms Detail: 2 × 3pc, main floor
Bathrooms Detail: 2 × 3pc, 2nd floor
Bathrooms Detail: 1 × 3pc, basement
Kitchens: 7
Rooms: 28
Family Room: No
Den: No
Fireplace: No
Central Vac: No
Land
Sewer: Sewers
Frontage: 60 feet
Depth: 100 feet
Cross Street: Corner of John Street and McNamara Street
Utilities
Water: Municipal
Cooling: Other
Heating Type: Other
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