Size
-
Lot size
5995 sqft
Street frontage
-
Possession
Flexible
Price per sqft
$371 - $433
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 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.
Broker: RE/MAX WEST REALTY INC.
MLS®#: X13689038
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:
Aug 18, 2026
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