Room 1
Level not provided
55 John St
Thorold Downtown, Thorold, Ontario L2V 2S7
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 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.
01 / Property recordListing detailsFacts, history, rooms and location
Key Facts
- MLS® #
- X13689038
- Board
- TRREB MLS®
- Days on market
- Tax
- $6,650
- Size
- 3000-3500 sqft
- Lot
- 60 × 100 Feet
- Parking
- 1 Attached, 11 Parking
Listing History
Listing activity for 55 John St, Thorold, Ontario
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $1,300,000 | N/A | For Sale | X13689038 |
Property Details
Property
- Property Type
- Multiplex
- Style
- 2-Storey
- Community
- Thorold Downtown
- Municipality
- Thorold
Inside
- Bedrooms
- 14
- Bathrooms
- 7
- Bathroom Detail
- 2, 3pc, Main
- Bathroom Detail
- 2, 3pc, Main
- Bathroom Detail
- 2, 3pc, 2nd
- Bathroom Detail
- 1, 3pc, Bsmt
- Basement Type
- Fin W/O
- Kitchens
- 7
Utilities
- Water
- Municipal
- Cooling
- Other
- Heating Type
- Other
Building
- Size
- 3000-3500 sqft
- Construction
- Brick
Parking
- Driveway
- Available
- Garage Type
- Attached
- Garage
- 1
- Add. Parking
- 10
- Total Parking
- 11
Land
- Sewer
- Sewers
- Lot Size
- 60 × 100 Feet
- Lot Size Code
- Feet
Additional
- Foundation
- Block, Poured Concrete
- Roof
- Asphalt Shingle
- Fireplace
- N
- Pool
- None
- Den
- N
- Family room
- N
- Extras
- All washers and dryers, stoves, pizza oven at the basement.
Rooms (12)
Room 2
Level not provided
Room 3
Level not provided
Room 4
Level not provided
Room 5
Level not provided
Room 6
Level not provided
Room 7
Level not provided
Room 8
Level not provided
Room 9
Level not provided
Room 10
Level not provided
Room 11
Level not provided
Room 12
Level not provided
Location
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
13 records read 8 on record nearby 5 checked, none on recordRead 2026-10-28
Water and conservation
- No mapped wetland within 120 m
- 1 water-supply well recorded within 250 mIt was drilled for domestic use; 18 test or monitoring holes also recorded. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 4.6 m.
Province of Ontario open data
Planning and building activity
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
- Nearest airport: 6.0 km
Province of Ontario open data
Around the home
- Nearest rail line: 620 m
- A trail on the Ontario trail network within 1 km
Province of Ontario open data
Environmental records
- No licensed pit or quarry within 2 km
- No recorded oil, gas or salt well within 250 m
- 1 facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Interlake Acquisition Corporation Limited — Biorigin Specialty Products, 350 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.
Province of Ontario open data · Government of Canada open data
Power and internet
- Electricity is distributed here by Hydro One Networks Inc.
- Wired internet 50/10 Mbps or faster is listed at a household 30 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Cogeco Connexion, Niagara Regional Broadband Network. Cable: Cogeco Connexion. DSL: Bell. Fixed wireless: Bell, Last Mile Wireless Internet, NWIC, Rogers, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
02 / Plan your numbersToolsMortgage and cash-flow planning
Mortgage Tools
Mortgage calculator
20%
Monthly Payment
$5,960
- Down payment$260,000
- Mortgage amount$1,040,000
- Total interest$748,000
- Total cost$2,048,000
Cash flow analysis
$5,960
Total monthly payment
$6,514
Break-even down payment
100%
Cash flow-$6,514
03 / Community profileNeighbourhood demographicsPeople, homes and household context
Expand Neighbourhood demographics to load Statistics Canada census charts.
$1,300,000
$1,300,000
CAD
Estimate unavailable
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