55 JOHN STREET, Thorold (Thorold Downtown)

2026-06-05
 

Quick Summary

Location
55 JOHN STREET, Thorold (Thorold Downtown), Ontario L2V2S7
Price
$1,500,000 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
3000 - 3500 sqft
Bedrooms:
14
Bathrooms:
7
Garages:
11

MLS®#X13240754

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. (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Public Transit

Building

  • Appliances: Dryer, Oven, Stove, Washer
  • Basement Development: Finished
  • Basement Features: Walk out
  • Basement Type: N/A (Finished)
  • Exterior Finish: Brick, Stone
  • Fireplace: No
  • Interior Size: 3000 - 3500 sqft
  • Building Type: Other
  • Stories: 2
  • Utility Water: Municipal water

Features

  • Feature: Irregular lot size, Sloping, Flat site

Land

  • Land Size: 60 x 100 FT|100+ acres
  • Sewer: Sanitary sewer

Structure

  • Structure: Porch

Zoning

  • Description: R3

Information entered by RE/MAX WEST REALTY INC.
Listing information last updated on: 2026-06-05 16:57:36


Book your free home evaluation with a 1% REALTOR® now!


How much could you save in commission selling with One Percent Realty?

Slide to select your home's price:

$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 5% + HST . Not all agents charge the same.

One Percent Realty's top FAQs

Q
What is the deal exactly, with One Percent ?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

Q
What do you charge?

We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.

Q
Are your listings on MLS®, realtor.ca and shared across the web?

Yes, yes, and yes.


Learn more about the One Percent Realty Deal