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For SaleMultiplex · 2-StoreyMLS® #X13689038 · TRREB MLS®

55 John St, Thorold, Ontario

Thorold Downtown, Thorold, Ontario L2V 2S7

Bedrooms
14
Lot Size
60 x 100 ft
Bathrooms
7
Type
Multiplex
Basement
Finished with Walk-Out

$1,300,000

Estimated market value

About 55 John St

55 John St is a 14-bedroom, 7-bathroom multiplex in Thorold Downtown, Thorold, listed for sale at an asking price of $1,300,000 (MLS® X13689038).

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.

Insights

  • Condition Score

    Good
    78out of 100

    2 documented update signals

    Source: Listing age, structured features and disclosed update language; not an inspection.

Condition uses listing-record signals, not an inspection.

Key facts

Tax
$6,650 / 2025
MLS® number
X13689038
Board
TRREB MLS®
Property Type
Multiplex
Days on market
Size
3000-3500 sqft
Lot Size
60 x 100 ft
Listed on
Parking
1 Attached, 11 Parking
Listing brokerage: RE/MAX WEST REALTY INC.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Listing history

Buy/sell history for 55 John St, Thorold, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$1,300,000N/AFor SaleX13689038

Members see the full history. Prices are hidden from signed-out visitors.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Michelle Lacroix for a full comparative market analysis.

Property details

Property

Property Type
Multiplex
Style
2-Storey
Community
Thorold Downtown
Municipality
Thorold

Building

Size
3000-3500 sqft
Construction
Brick

Inside

Bedrooms
14
Bathrooms
7
Bathroom Details
2 × 3pc Main, 2 × 3pc Main, 2 × 3pc 2nd, 1 × 3pc Bsmt
Basement Type
Finished with Walk-Out
Kitchens
7

Parking

Driveway
Available
Garage Type
Attached
Garage
1
Additional Parking
10
Total Parking
11

Utilities

Water
Municipal
Cooling
Other
Heating Type
Other

Land

Sewer
Sewers
Frontage
60 ft
Depth
100 ft
Lot Size
60 x 100 ft

Additional

Foundation
Block, Poured Concrete
Roof
Asphalt Shingle
Fireplace
No
Pool
None
Den
No
Family room
No
Extras
All washers and dryers, stoves, pizza oven at the basement.

Rooms

Room details unavailable

The listing source did not provide room-level measurements or features.

Map and tour

Land transfer tax on this home

Ontario land transfer tax
$22,475
Total land transfer tax
$22,475
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$18,475
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $1,300,000
$18,000
Ontario total
$22,475

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

13 records · 8 on fileRead 2026-11-06
250 m500 m1 km2 kmBeyond · area-wideNo mapped wetland within 120 m1 water-supply well recorded within 250 mOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasNearest airport: 6.0 kmNearest rail line: 620 mA trail on the Ontario trail network within 1 kmNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 m1 facility within 1 km reports pollutant releases to Environment CanadaNo federal contaminated site within 1 kmElectricity is distributed here by Hydro One Networks Inc.Wired internet 50/10 Mbps or faster is listed at a household 30 m awayAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation2

  • No mapped wetland within 120 m120 m
  • 1 water-supply well recorded within 250 mIt was drilled for domestic use; 18 test or monitoring holes also recorded. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 4.6 m.250 m

Province of Ontario open data

Planning and building activity2

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
  • Nearest airport: 6.0 km6 km

Province of Ontario open data

Around the home2

  • Nearest rail line: 620 m620 m
  • A trail on the Ontario trail network within 1 km1 km

Province of Ontario open data

Environmental records4

  • No licensed pit or quarry within 2 km2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • 1 facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Interlake Acquisition Corporation Limited — Biorigin Specialty Products, 350 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
  • No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet3

  • Electricity is distributed here by Hydro One Networks Inc.At the address
  • Wired internet 50/10 Mbps or faster is listed at a household 30 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.30 m
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Cogeco Connexion, Niagara Regional Broadband Network. Cable: Cogeco Connexion. DSL: Bell. Fixed wireless: Bell, Last Mile Wireless Internet, NWIC, Rogers, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Niagara Peninsula Conservation Authorityor the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Pope Francis Catholic Elementary SchoolNiagara CDSBCatholic · grades K–8800 m—
Prince of Wales Public SchoolDSB NiagaraPublic · grades JK–81 km81%Grade 6 average
Westmount Public SchoolDSB NiagaraPublic · grades JK–81 km83%Grade 6 average
ÉÉC Sainte-Marguerite-Bourgeoys-St.CathConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–81.5 km47%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Thorold Secondary SchoolDSB NiagaraPublic · grades 9–12300 m66%Grade 9 math
Pope Francis Catholic Secondary SchoolNiagara CDSBCatholic · grades 9–12800 m—
Sir Winston Churchill Secondary SchoolDSB NiagaraPublic · grades 9–12 · French Immersion2.7 km71%Grade 9 math
Denis Morris Catholic High SchoolNiagara CDSBCatholic · grades 9–123 km50%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

Transit nearby

StationLinesDistance
St. Catharines GOGO Transit train: Lakeshore West4.7 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.

Lot

Street frontage
60 ft18.3 m
Depth
100 ft30.5 m
Lot size
100 acres or moreAs the board bands it

The record marks this lot irregular, so its area is not the frontage multiplied by the depth. It is not given here. Confirm with a survey before you buy.

Source: the MLS® listing record, measured by GeoWarehouse.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

Mortgage Calculator

Plan with the current asking price

20% · $260,000

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$260,000
Total mortgage amount
$1,040,000
Total interest payment
$739,300
Total purchase cost
$2,039,300
Mortgage payment
$5,931/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

—

Monthly carrying cost

$6,485
−$6,485per month
  • Rent $0
  • Shortfall $6,485

Rental income starts at $0: enter the rent you expect. This is a planning tool, not advice.

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