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 (Thorold Downtown) — recent sold market
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 58 days.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.
- Median days to sell
- 29
- Median sale price
- $604,500
- Sale-to-list ratio
- 96.8%
- Sold above asking
- 10%
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
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
$1,489,000
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