55 JOHN STREET N, Thorold (Thorold Downtown)
$1,300,000
For sale: Multiplex
- Property type
- Multiplex
- Bedrooms / bathrooms
- 14 bedrooms, 7 bathrooms
- Living area
- 3,500 sqft
- MLS®
- MLS® X13689038
- Neighbourhood
- 557 - Thorold Downtown
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.
Sold data
Homes in Thorold Downtown — recent sold market
Homes in Thorold Downtown took a median of 28 days to sell over the last 365 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 62, across 109 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 81 days.
The median sale price was $524,900.
Homes sold for about 3.4% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 27% of sellers reduced their price before finding a buyer.
- Median days to sell
- 28
- Median sale price
- $524,900
- Sale-to-list ratio
- 96.6%
- Sold above asking
- 11%
Based on 109 recorded sales in the last 1 year. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in Thorold (Thorold Downtown)
Thorold (Thorold Downtown) has 6 Fraser Institute–rated schools (5 elementary and 1 secondary), averaging 7.5/10.
- Rated schools
- 6
- Elementary
- 5
- Secondary
- 1
- Average rating
- 7.5 / 10
Top-rated schools in Thorold (Thorold Downtown)
- Ontario — elementary, ThoroldFraser rating 9.1/10
- Westmount — elementary, ThoroldFraser rating 8.9/10
- Prince of Wales — elementary, ThoroldFraser rating 7.0/10
- Thorold — secondary, ThoroldFraser rating 6.8/10
- Holy Rosary Catholic — elementary, ThoroldFraser rating 6.6/10
- Richmond Street — elementary, ThoroldFraser rating 6.5/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
Homes for sale near 55 JOHN STREET N
$1,099,000
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$1,699,000
Multiplex12+643,500–5,000 sqft129 OXFORD STREET W, North N, London North
$1,359,000
Multiplex7+321,500–2,000 sqft736 ANNLAND STREET, Bay Ridges, Pickering
$999,900
Multiplex10+531,500–2,000 sqft10 FAIRBANK AVENUE, Caledonia-Fairbank, Toronto
$799,999
Multiplex9+131,500–2,000 sqft86 WILSON AVENUE, North N, London North
$2,199,000
Multiplex1563,500–5,000 sqft153-155 BROCK STREET, 14 - Central City East, Kingston
$1,099,999
Other9+133,500–5,000 sqft2 WEBBER AVENUE, Stinson, Hamilton
$475,000
Other14324 BURGAR STREET, 768 - Welland Downtown, Welland