$549,000
For sale: Multiplex

Attention investors! This three-story home in the heart of Thorold is currently being used as a single family home, however was previously a triplex and has R3 zoning. Three levels of living space, with the potential to create three units, one on each floor. All units would need to be updated and brought to code. With two separate driveways there is plenty of off-street parking. Easy highway access, public transit, close to all amenities, schools, shopping and walking trails. Brock University is under 4km away!
Sold data
Homes in Thorold (Thorold Downtown) took a median of 28 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 69, across 88 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 58 days.
The median sale price was $604,500.
Homes sold for about 3.2% below asking on average, so there was room to negotiate.
About 10% of sales closed above the list price.
Around 31% of sellers reduced their price before finding a buyer.
Based on 88 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Thorold (Thorold Downtown) has 6 Fraser Institute–rated schools (5 elementary and 1 secondary), averaging 7.5/10.
School ratings from the Fraser Institute's Ontario school report cards.
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