55 John Street N, Thorold (Thorold Downtown), Ontario

$1,300,000

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14

Beds

7

Baths

About 55 John Street N

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. (id:6289)

More Info on this 557 - Thorold Downtown Other MLS® listing

55 John Street N is an other listing for sale in Thorold (Thorold Downtown). The MLS® number is X13689038. It features 14 bedrooms, 7 bathrooms. It's currently listed for $1,300,000. For more details on MLS® X13689038, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This other listing in 557 - Thorold Downtown is available now!

Selling your 557 - Thorold Downtown Other property?

Have a similar home to 55 John Street N? If you’re thinking about selling your 557 - Thorold Downtown other property, then we should chat. Fill in the form on this page, or click request info, and we’ll get right back to you, and we can chat about selling your Thorold (Thorold Downtown) property.

Features of 55 John Street N

Listing # X13689038
Price $1,300,000
Bedrooms 14
Bathrooms 7.00
Type Multi-family
Sub-Type Other

Community Information

Address 55 John Street N
Area 557 - Thorold Downtown
Subdivision 557 - Thorold Downtown
City Thorold (Thorold Downtown)
Province Ontario
Postal Code L2V2S7

Amenities

Utilities Sewer, Electricity
Features Irregular lot size, Sloping, Flat site
Parking Spaces 11
Parking Attached Garage, Garage
Garages Attached Garage, Garage
Is Waterfront No
Has Pool No

Interior

Appliances Washer, Stove, Oven, Dryer
Heating Other, Other
Fireplace No
# of Stories 2
Has Basement Yes
Basement Finished, Walk out, N/A

Exterior

Exterior Brick, Stone
Lot Description 60 x 100 FT
Foundation Block, Poured Concrete

Additional Information

Zoning R3

Listing Details

OfficeRE/MAX WEST REALTY INC.

Listing Map

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