9
$1,300,000 Sale
Listed 55 days ago
55 John Street N
· 14
· 7
· 11
· 3000-3500
Listing History
Buy/Sell/Terminated/Expired listing history for 55 John Street N
Key Facts
Key facts for 55 John Street N
Property Type
Apartment, 2-Storey
Parking
Attached 1 garage, 11 parking
MLS #
X13689038
Size
3000-3500 sqft
Basement
Finished with Walk-Out
Listed on
2026-08-18
Lot size
60 x 100.0
Tax
$6,650 /yr
Days on Market
56
Approximate Age
-
Maintenance Fee
-
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-occupi...ers 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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Courtesy of: RE/MAX WEST REALTY INC.