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For sale · MLS® X13689038

55 John Street N, Thorold, ON L2V 2S7

Thorold, ON L2V 2S7

$1,300,000Property tax (2025): $6,650 / year
80 Days on MLS14 Bedrooms7 BathroomsMultiplex3000-3500 Size60 ft × 100 ft Lot dimensions5,995.49 sq ft Lot size
Quick cost estimateKnown monthly subtotal$6,602.86 / monthLand transfer tax $22,475One-time estimate
PLANNING ESTIMATE

Quick cost estimate

$6,602.86 / month

Known monthly subtotal

Mortgage principal & interest
$6,048.69
Property tax / month
$554.17
Maintenance / month
Period / amount not reported

Assumes 20% down, 5% annual interest and 25-year amortization. Illustrative rate, not a current quote.

Unknown expenses excluded. Mortgage insurance and closing costs are excluded; add insurance and utilities in the assumptions.

Land transfer tax · one time

Transfer tax total
$22,475

Before rebates, surcharges and fees. Not part of the monthly subtotal.

Tax assumptions & breakdown

Toronto municipal land transfer tax does not apply to this listing outside the City of Toronto.

Ontario tax
$22,475
Toronto municipal tax
$0

Current purchase scenario, before rebates, foreign-buyer taxes and fees. Confirm residence classification. Not historical tax paid; excluded from the monthly subtotal.

Ontario rates · Toronto rates (April 2026)

Eligible first-time purchasers may qualify for an Ontario land transfer tax refund of up to $4,000. Toronto buyers may also qualify for a separate municipal rebate of up to $4,475. Eligibility varies and these maximums are not guaranteed savings. See official eligibility links and details.

Adjust cost assumptions ↓ · Closing-cost tools

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About this home

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.

Home details

Days on market
Not reported
Property type
Multiplex
MLS® number
X13689038
Source status
New
Bedrooms
14
Bathrooms
7
Postal code
L2V 2S7
Kitchens
7
Kitchens above grade
7
Family room / den
No
Interior size (reported range)
3000-3500
Lot size
5,995.49 sq ft
Lot depth
100 ft
Garage parking spaces
Not reported
Total parking spaces
11
Occupancy
Owner+Tenant
Possession type
Flexible
Garage
Attached
Annual property tax
6650
Basement
Finished with Walk-Out
Interior features
Other
Exterior features
Porch, Privacy, Landscaped
Architectural style
2-Storey
Parking features
Available
Pool features
None
Fireplace
No
Waterfront
No
Elevator
No
Garage available
Yes
Heating system
Other
Heating fuel
Other
Cooling
Other
Water source
Water System
Sewer
Sewer
View
Clear
Direction facing
East
Construction materials
Brick, Stone
Roof
Asphalt Shingle
Foundation
Block, Poured Concrete
MLS entry age (not confirmed DOM)
80 days

These details come from the listing source. Please confirm measurements and fees before making a decision.

Utilities and services

Water source
Water System
Sewer
Sewer
Heating system
Other
Heating fuel
Other
Cooling
Other

A reported service is not necessarily included in rent or maintenance. Missing information does not mean a service is absent.

Rooms & virtual tours

Room measurements

Room measurement units

Loading source-reported room dimensions…

Converted measurements are approximate. Levels and dimensions are shown only when supplied.

Bedrooms above grade
14
Rooms above grade
28
Den / family room reported
No

Reported counts are shown independently. Room dimensions have not been inferred from these counts.

Ask the listing brokerage for floor plans and measured room layouts.

PARTIAL SOURCE RECORD

Listing dates & price record

Asking amount
$1,300,000
  1. Original MLS entry

    Entry into the source MLS system; distinct from days on market.

Coverage varies by listing. Dates are source-reported calendar dates; only the latest reported asking-price change is shown. This is a partial record.

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Nearby homes sold near 55 John Street N, Thorold, ON L2V 2S7, Thorold

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Estimate monthly costs

Adjust the assumptions for your own scenario. Blank expenses are unknown; enter them for a fuller estimate.

Enter assumptions

Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.

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Map and neighbourhood

Region / county
NIAGARA
Municipality
THOROLD
MLS® community
557 - Thorold Downtown

A confirmed map location is not available for this home yet.

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PLAN YOUR ROUTE

Plan a trip from this home

Check a route from this property to work, school or another destination. Google Maps provides the current estimate when opened; traffic and departure time affect results.

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Around this property

Schools, transit & everyday places

Published local sources. Distances are approximate straight-line distances, not walking routes.

Nearby schools

No nearby schools were returned by the current Ontario school dataset for this property. School ratings and attendance boundaries are not included.

Transit near this property

No current nearby stops were returned by the installed TTC, GO Transit and UP Express datasets. Coverage and service dates vary; distances and travel times are not inferred.

Nearby shops & amenities

No nearby places were returned by the current OpenStreetMap snapshot. Coverage is regional and may be incomplete; verify business details before visiting.

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Similar homes for sale in Thorold

Current public IDX listings in the same city and transaction type. These are alternatives to explore, not sold comparables or an appraisal.

Property questions

How do I request a showing?

Choose a date and time preference in the request form. A request is not a confirmed appointment; EnterHome will confirm availability separately.

Are the measurements and features independently verified?

Measurements, lot details and features are displayed as reported by the listing source or a named public dataset. Missing facts are not inferred. Confirm material details with the listing brokerage.

What do nearby school, transit and shop results mean?

They are nearby records from the displayed source datasets. Distances are approximate straight-line distances; school catchment eligibility, ratings, walking routes, hours and live transit service are not inferred.

Can I see sold prices for nearby properties?

Sold and leased comparable records are shown only to approved VOW users where the source permits display. Sign in or request VOW access if prompted.

How should I use the monthly cost estimate?

It is a planning estimate based on the visible assumptions and reported property figures. It is not a lender quote, tax assessment, legal opinion or mortgage approval.

Home and neighbourhood overview

55 John Street N, Thorold, ON L2V 2S7, Thorold is listed for sale as a Multiplex. The listing reports 14 bedrooms, 7 bathrooms, reported interior area of 3000-3500 (units not reported), kitchens reported as 7, parking spaces reported as 11, lot size reported as 5,995.49 sq ft. Asking price: $1,300,000. Occupancy is reported as Owner+Tenant. Review the Home details, room measurements and utility sections below to compare reported specifications; confirm important details with the listing brokerage. MLS® X13689038.

Local context

Explore the area: Thorold · 557 - Thorold Downtown.

This overview uses facts reported by the listing and named local sources. Please confirm details with the listing brokerage.

Listing brokerage: RE/MAX WEST REALTY INC.. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X13689038. Information deemed reliable but not guaranteed.

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Property at 55 John Street N, Thorold, ON L2V 2S7