55 John Street NThorold, Niagara, ON, L2V 2S7
55 John Street NThorold, Niagara, ON, L2V 2S7
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Buy/sell history for 55 John Street N, Thorold, ON L2V 2S7
| Date Start | Date End | Event | Price | MLS# |
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Current valuation for 55 John Street N, Thorold, ON L2V 2S7. Listed for $1,300,000 on 2026-11-02
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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.
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$1,300,000
List price