$ 999,000
22 & 24 River Street
22 & 24 River Street, Thorold, ON L0S1K0 Photo 1
50 Photos
22 & 24 River Street, Thorold, ON L0S1K0 Photo 2
22 & 24 River Street, Thorold, ON L0S1K0 Photo 3
22 & 24 River Street, Thorold, ON L0S1K0 Photo 6 22 & 24 River Street, Thorold, ON L0S1K0 Photo 7 22 & 24 River Street, Thorold, ON L0S1K0 Photo 8 22 & 24 River Street, Thorold, ON L0S1K0 Photo 9 22 & 24 River Street, Thorold, ON L0S1K0 Photo 10 22 & 24 River Street, Thorold, ON L0S1K0 Photo 11 22 & 24 River Street, Thorold, ON L0S1K0 Photo 12 22 & 24 River Street, Thorold, ON L0S1K0 Photo 13 22 & 24 River Street, Thorold, ON L0S1K0 Photo 14 22 & 24 River Street, Thorold, ON L0S1K0 Photo 15 22 & 24 River Street, Thorold, ON L0S1K0 Photo 16 22 & 24 River Street, Thorold, ON L0S1K0 Photo 17 22 & 24 River Street, Thorold, ON L0S1K0 Photo 18 22 & 24 River Street, Thorold, ON L0S1K0 Photo 19 22 & 24 River Street, Thorold, ON L0S1K0 Photo 20 22 & 24 River Street, Thorold, ON L0S1K0 Photo 21 22 & 24 River Street, Thorold, ON L0S1K0 Photo 22 22 & 24 River Street, Thorold, ON L0S1K0 Photo 23 22 & 24 River Street, Thorold, ON L0S1K0 Photo 24 22 & 24 River Street, Thorold, ON L0S1K0 Photo 25 22 & 24 River Street, Thorold, ON L0S1K0 Photo 26 22 & 24 River Street, Thorold, ON L0S1K0 Photo 27 22 & 24 River Street, Thorold, ON L0S1K0 Photo 28 22 & 24 River Street, Thorold, ON L0S1K0 Photo 29 22 & 24 River Street, Thorold, ON L0S1K0 Photo 30 22 & 24 River Street, Thorold, ON L0S1K0 Photo 31 22 & 24 River Street, Thorold, ON L0S1K0 Photo 32 22 & 24 River Street, Thorold, ON L0S1K0 Photo 33 22 & 24 River Street, Thorold, ON L0S1K0 Photo 34 22 & 24 River Street, Thorold, ON L0S1K0 Photo 35 22 & 24 River Street, Thorold, ON L0S1K0 Photo 36 22 & 24 River Street, Thorold, ON L0S1K0 Photo 37 22 & 24 River Street, Thorold, ON L0S1K0 Photo 38 22 & 24 River Street, Thorold, ON L0S1K0 Photo 39 22 & 24 River Street, Thorold, ON L0S1K0 Photo 40 22 & 24 River Street, Thorold, ON L0S1K0 Photo 41 22 & 24 River Street, Thorold, ON L0S1K0 Photo 42 22 & 24 River Street, Thorold, ON L0S1K0 Photo 43 22 & 24 River Street, Thorold, ON L0S1K0 Photo 44 22 & 24 River Street, Thorold, ON L0S1K0 Photo 45 22 & 24 River Street, Thorold, ON L0S1K0 Photo 46 22 & 24 River Street, Thorold, ON L0S1K0 Photo 47 22 & 24 River Street, Thorold, ON L0S1K0 Photo 48 22 & 24 River Street, Thorold, ON L0S1K0 Photo 49 22 & 24 River Street, Thorold, ON L0S1K0 Photo 50

22 & 24 River Street, Thorold

FINAL REDUCTION VENDOR MUST SELL!! 9 Unit Multi Residential Investment property producing annually $121,860 Gross Revenue, expenses $61,000 with Return on investment at 61,000/999000= 6.1% currently. Great potential to produce $198,000 in Gross Revenue less $61,000 expenses having a return on Investment at 137,000/999,000=13.8% by Increasing the rents to market Rent Prices. Rents have been low in the building due to long standing tenants and a very generous owner. Please compare rental rates in Thorold Proper compared to the historic hamlet of Port Robinson where the building is situated demanding greater prices because of low density (no competition) and the serene natural beauty sitting perched upon the East bank of the Welland Canal with a view of the ships passing the property directly in front. The Owner is willing to Hold a First Mortgage for $600,000 for 2 years at 4.5% Won't Last Long!! Below the AVM amount. (id:1945)
Powered by REALTOR.ca
This listing content provided by REALTOR.ca has been licensed by REALTOR®
members of The Canadian Real Estate Association

Property details for 22 & 24 River Street, Thorold

Type
Multi-family
Bedrooms
16
Bathrooms
9
Lot Size
89.4 x 159.7 FT
Stories
2
Basement
Apartment in basement, N/A
Parking
No Garage
Heating
Baseboard heaters, Forced air, Electric
Cooling
Window air conditioner
Exterior
Concrete, Vinyl siding
Annual Taxes
$9,463 (2025)

Nearby Listings Stat

Estimated price and comparable properties near 22 & 24 River Street

Active Listings
1
Min Price
$999,000
Max Price
$999,000
Avg Price
$999,000
Days on Market
177
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
813
Median Age
45.2
Median Income
$35,968
Dwelling Value
$276,398

Housing Tenure

Owners 88%
Renters 14%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.5
Pop. Density: 68.4/km²
Avg Shelter Cost: $1,138/mo
Owners with Mortgage: 60.8%
Owners Spending 30%+: 14%
Tenants Spending 30%+: 57.1%
English only: 92.5%
English and French: 8.2%
Median Household Income: $78,848
Median Employment Income: $35,328

Price History

Listed
April 15, 2026
by RE/MAX SUCCESS REALTY
Current Price
$999,000
-11.2% from last change
Type
Multi-family
For Sale
Price Changes
5
Date Price Change
Current $999,000 $126,000 (-11.2%)
Sep 15, 2026 $1,125,000 $65,000 (-5.5%)
Jul 14, 2026 $1,190,000 $85,000 (-6.7%)
May 30, 2026 $1,275,000 $75,000 (-5.6%)
May 10, 2026 $1,350,000 $45,000 (-3.2%)
Apr 27, 2026 $1,395,000 Listed

Contact Agent Get in touch about 22 & 24 River Street, Thorold

ROBERT F. PARRO
ROBERT F. PARRO
RE/MAX SUCCESS REALTY

Similar Other near 22 & 24 River Street, Thorold, ON L0S1K0

Comparison of 22 & 24 River Street, Thorold, ON with Nearby Other
Nearby Searches
Nearby Cities
Popular Cities
Recent Listings