Size
-
Lot size
14273 sqft
Street frontage
-
Possession
2026-05-31
Price per sqft
$17 - $225
Taxes
$9,463 (2025)
Parking Type
-
Style
2-Storey
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Description
9 Unit Multi Residential Investment property producing annually $121,860 Gross Revenue, expenses $61,000 with Return on investment at 61,000/1125000= 6.4% currently. Great potential to produce $198,000 in Gross Revenue less $61,000 expenses having a return on Investment at 137,000/1,125,000=12.2% 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 Mortgage with a reasonable down payment for 2 years at 4.5%
Broker: RE/MAX SUCCESS REALTY
MLS®#: X13002648
Property details
Parking:
9
Parking type:
-
Property type:
Multiplex
Heating type:
Baseboard
Style:
2-Storey
MLS Size:
5000-65535 sqft
Lot front:
89 Ft
Lot depth:
159 Ft
Listed on:
Apr 15, 2026
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Instant estimate:
orto view instant estimate
$50,115
lower than listed pricei
High
$1,128,630
Mid
$1,074,885
Low
$1,021,141
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