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55 John Street in Thorold: 557 – Thorold Downtown House for sale : MLS®# X13240754

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55 John Street
557 - Thorold Downtown Thorold L2V 2S7

$1,500,000
Residential Freehold beds: 14 baths: 7.0

Main Photo: 55 John Street in Thorold: 557 - Thorold Downtown House for sale : MLS®# X13240754
Photo 1: 55 John Street in Thorold: 557 - Thorold Downtown House for sale : MLS®# X13240754
Photo 2: 55 John Street in Thorold: 557 - Thorold Downtown House for sale : MLS®# X13240754
Photo 3: 55 John Street in Thorold: 557 - Thorold Downtown House for sale : MLS®# X13240754
Photo 4: 55 John Street in Thorold: 557 - Thorold Downtown House for sale : MLS®# X13240754
Photo 5: 55 John Street in Thorold: 557 - Thorold Downtown House for sale : MLS®# X13240754
Photo 6: 55 John Street in Thorold: 557 - Thorold Downtown House for sale : MLS®# X13240754
Photo 7: 55 John Street in Thorold: 557 - Thorold Downtown House for sale : MLS®# X13240754
Photo 8: 55 John Street in Thorold: 557 - Thorold Downtown House for sale : MLS®# X13240754
Photo 9: 55 John Street in Thorold: 557 - Thorold Downtown House for sale : MLS®# X13240754
Status:
Active
Prop. Type:
Residential Freehold
MLS® Num:
X13240754
Bedrooms:
14
Bathrooms:
7
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.
Under Contract:
None
Property Type:
Residential Freehold
Property Sub Type:
Multiplex
Home Style:
2-Storey
Total Approx Floor Area:
3000-3500
Lot Size:
100+
Lot Depth:
100'
Lot Frontage:
60'
Lot Shape:
Irregular
Topography:
Flat
Direction Faces:
East
Bedrooms:
14
Bathrooms:
7.0
Water supply:
Municipal
Kitchens:
7
Bedrooms Above Grade:
14
Kitchens Above Grade:
7
Rooms Above Grade:
28
Zoning:
R3
Heating type:
Other
Heating Fuel:
Other
Foundation:
Block, Poured Concrete
Roof:
Asphalt Shingle
Basement:
Finished with Walk-Out
Fireplace/Stove:
No
Garage:
Attached
Garage Spaces:
1.0
Other Structures:
Other
Parking Features:
Available
Parking Spaces:
10
Total Parking Spaces:
11.0
Family Room:
No
Possession Details:
Flexible
Pool:
None
HST Applicable To Sale Price:
Included In
Assessment:
$383,000
Assessment Year:
2026
Development Charges Paid:
No
Taxes:
$6,650 / 2025
Assessment:
$383,000.00 / 2026
Niagara
Thorold
557 - Thorold Downtown
Other, Public Transit, Rec./Commun.Centre, School Bus Route, Sloping
Other
Porch, Privacy, Landscaped
Carbon Monoxide Detectors
none
All washers and dryers, stoves, pizza oven at the basement.
None
Brick, Stone
No
No
None
Clear
UFFI:
No
Utilities Gas:
Yes
Utilities Hydro:
Yes
Utilities Water:
Yes
Water Supply Types:
Water System
Sewers:
Yes
Special Designation:
Unknown
Sewers:
Sewer
Air Conditioning:
Other
Central Vacuum:
No
Seller Property Info Statement:
No
Physically Handicapped-Equipped:
No
Laundry Level:
Main Level
Date Listed:
Jun 04, 2026
Original Price:
Previous Price:
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Listed by RE/MAX WEST REALTY INC.
Data was last updated June 4, 2026 at 11:15 PM (UTC)
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