55 John Street, Thorold, ON
Property Highlights
Welcome to this remarkable 2-Storey multiplex located in the coveted neighborhood of Thorold Downtown. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $1,300,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 14 Bedrooms and 7 Bathrooms with 7 functional kitchens
- Generous living space spanning 3000-3500 sqft on a premium 60 x 100 ft lot
- Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 11.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Other
- equipped with other central cooling and highly efficient other heating via other
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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Property Summary
This multiplex located at 55 John Street, Thorold is currently for sale and has been available on SousaSells for 11 days. This property is listed at $1,300,000 with an estimated mortgage of $4,327* per month. It has 14 beds, 7 bathrooms, and is 3000-3500 square feet. 55 John Street, Thorold is in the Thorold Downtown neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 14 bedrooms and 7 bathrooms, this home offers ample space and comfort for growing families in Thorold Downtown, Thorold.
- •14 spacious bedroom layout offering versatile living space
- •7 well-appointed bathrooms
- •3000-3500 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Thorold Downtown, Thorold.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Other
- Public Transit
- Rec./Commun.Centre
- School Bus Route
- Sloping
Interior Features
- Other
Security Features
- Carbon Monoxide Detectors
Community Features
None listed
Frequently Asked Questions about 55 John Street, Thorold, ON
Q.What is the asking price for 55 John Street, Thorold, ON ?
The current listing price for 55 John Street, Thorold, ON in Thorold Downtown, Thorold is $1,300,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 14 bedrooms and 7 bathrooms across approximately 3000-3500 sqft.
Q.What property type and architectural style is 55 John Street, Thorold, ON ?
55 John Street, Thorold, ON is a Multiplex (2-Storey) featuring a Finished with Walk-Out basement.
Q.What key property features does 55 John Street, Thorold, ON offer?
Key property features include: Other, Public Transit, Rec./Commun.Centre, School Bus Route, Sloping.
Q.What interior features are included in this home?
Interior highlights include: Other.
Q.What security features are installed at 55 John Street, Thorold, ON ?
Security features include: Carbon Monoxide Detectors.
Q.Is parking available at this property?
Yes, this property offers parking space for 11.0 vehicles (Attached).
Q.What heating and cooling systems are installed?
Heating is provided via Other and cooling via Other.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Thorold Downtown, Thorold
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 55 John Street N, Thorold, ON L2V 2S7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Thorold, ON
For a property listed at $1,300,000 in Thorold, the legal minimum down payment is $260,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $22,475 for this transaction. As this listing is in Thorold (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $22,475.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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