55 John Street N, Thorold
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. (id:1945)
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Property details for 55 John Street N, Thorold
- Type
- Multi-family
- Bedrooms
- 14
- Bathrooms
- 7
- Lot Size
- 60 x 100 FT
- Stories
- 2
- Basement
- Finished, Walk out, N/A
- Parking
- Attached Garage, Garage
- Heating
- Other, Other
- Exterior
- Brick, Stone
- Annual Taxes
- $6,650
Nearby Listings Stat
Estimated price and comparable properties near 55 John Street N
Active Listings
1
Min Price
$1,300,000
Max Price
$1,300,000
Avg Price
$1,300,000
Days on Market
52
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days
Neighbourhood Census Data
Thorold, Ontario
Population
600
Median Age
37.2
Median Income
$30,592
Dwelling Value
$221,970
Housing Tenure
Owners 47%
Renters 53%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.2
Pop. Density: 1,659.8/km²
Avg Shelter Cost: $1,213/mo
Owners with Mortgage: 73.9%
Owners Spending 30%+: 12.5%
Tenants Spending 30%+: 55.6%
English only: 93.3%
English and French: 5.8%
Median Household Income: $52,352
Median Employment Income: $30,592
Price History
Listed
August 18, 2026
by RE/MAX WEST REALTY INC.
Current Price
$1,300,000
Type
Multi-family
For Sale
