9 WATER STREET, Thorold (Thorold Downtown)
$699,900
For sale: Multiplex
- Property type
- Triplex
- Bedrooms / bathrooms
- 5 bedrooms, 3 bathrooms
- Living area
- 2,500 sqft
- MLS®
- MLS® X13445184
- Neighbourhood
- 557 - Thorold Downtown
Turn-key, well-kept legal triplex located at 9 Water Street in Thorold, close to all amenities, shopping, schools, parks, transit, downtown Thorold, Brock University, and highway access.This clean brick property offers a strong opportunity for investors or owner-occupiers, featuring spacious units, solid income potential, and future upside. The building includes a large main floor 3-bedroom unit plus two additional units, with 2 units currently vacant and ready to be rented at market rents.Recent updates include a new boiler system and vinyl windows, providing added peace of mind for the next owner. The property sits on a large lot with potential for future expansion or additional units, subject to city approvals. There is also potential for a basement in-law suite, creating further income possibilities.A detached garage offers additional rental income or storage. A clean, solid, income-producing property with vacant units, market rent upside, garage income potential, and future value-add opportunities in a convenient Thorold location close to everything.
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 81 days.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 9 WATER STREET
$679,000
Multiplex7+132,500–3,000 sqft23 SULLIVAN AVENUE, 557 - Thorold Downtown, Thorold
$739,900
Multiplex6+422,000–2,500 sqft4213/4207 4213/4207 DRUMMOND ROAD, 212 - Morrison, Niagara Falls
$649,900
Multiplex6+142,000–2,500 sqft6070 CULP STREET, 216 - Dorchester, Niagara Falls
$725,000
Detached4+132,000–2,500 sqft33 BOUNTY AVENUE, 560 - Rolling Meadows, Thorold
$699,900
Detached432,000–2,500 sqft65 EVER SWEET WAY, 560 - Rolling Meadows, Thorold
$699,900
Detached4+131,500–2,000 sqft4001 WEINBRENNER ROAD, 223 - Chippawa, Niagara Falls
$699,000
Detached4+131,100–1,500 sqft5262 KITCHENER STREET, 214 - Clifton Hill, Niagara Falls
$749,900
Detached531,100–1,500 sqft4770 QUEEN STREET, 210 - Downtown, Niagara Falls