Size
-
Lot size
5995 sqft
Street frontage
-
Possession
Flexible
Price per sqft
$429 - $500
Taxes
$6,650 (2025)
Parking Type
-
Style
2-Storey
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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.
Broker: RE/MAX WEST REALTY INC.
MLS®#: X13240754
Property details
Parking:
11
Parking type:
-
Property type:
Multiplex
Heating type:
Other
Style:
2-Storey
MLS Size:
3000-3500 sqft
Lot front:
60 Ft
Lot depth:
100 Ft
Listed on:
Jun 4, 2026
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Instant estimate:
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$70,735
lower than listed pricei
High
$1,500,729
Mid
$1,429,265
Low
$1,357,802
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1/50
$1,599,999
56 days
3BD
4BA
6 Parking
3,000-3,500 sqft
MLS#: X12982968
RE/MAX GARDEN CITY REALTY INC, BROKERAGE
