55 John Street
55 John Street
55 John Street
55 John Street
55 John Street
55 John Street
55 John Street
55 John Street
55 John Street
1 / 9
9 photos

55 John Street

Thorold Downtown, Thorold, ON
Listed 5 days ago
$1,500,000For Sale
$1,042,262Estimated value
14Bedrooms
7Bathrooms
3000-3500 sqftSize
11 (1 garage)Parking
60 ft × 100 ftLot Size
MultiplexProperty Type

55 John Street

Thorold, ON · Thorold Downtown

Listed 5 days ago
Bedrooms14
Bathrooms7
Size3000-3500 sqft
Parking11 (1 garage)
Lot Size60 ft × 100 ft
Property TypeMultiplex
$1,500,000
For Sale
MLS# X13240754
$1,042,262Estimated value

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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 contractors are associated with the property, ensuring straightforward ownership and lower operating complexity. Vendor Take-Back (VTB) financing may be available for qualified buyers.

Features & Details

Property Type
Multiplex
Tax
$6,650 / 2025
Size
3000-3500 sqft
Lot Size
60 x 100 Feet
Basement Info
Finished with Walk-Out
Total Parking Spaces
11 (1 Garage)
Title
Residential Freehold
Property Style
2-Storey
Community
Thorold Downtown
Municipality
Thorold
Construction
Brick, Stone
Cross Street
Corner of John Street and McNamara Street
Front Door Facing
East
Local Amenities
Other, Public Transit, Rec./Commun.Centre, School Bus Route, Sloping
Lot Legal Description
PT LT II PL 898 AS IN BB4074; THOROLD
Data Source
Toronto Regional Real Estate Board
Brokerage
RE/MAX WEST REALTY INC.
Listed On
Jun 04, 2026
Listing Expires On
Dec 04, 2026
Listing Updated On
Jun 05, 2026
Bedrooms
14
Bathrooms
7
Kitchens
7
Rooms
28
Bathroom Detail
3 Pcs on Main Level
Bathroom Detail
3 Pcs on 2nd Level
Bathroom Detail
3 Pcs on Basement Level
Driveway
Available
Garage Type
Attached
Garage
1
Parking
11
Heating
Other
Heat Source
Other
Cooling
Other
Sewer
Sewer
Swimming Pool
None
Roof Material
Asphalt Shingle
Foundation Type
Block, Poured Concrete
Interior Features
Other

Listing History

Active5 days on marketCurrently viewingMLS #X13240754
Jun 4, 20266 days ago
Listed for Sale
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Terminated36 days on marketMLS #X12868412
Apr 16, 20261 month ago
Terminated
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Apr 4, 20262 months ago
Price Changed
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Mar 10, 20263 months ago
Listed for Sale
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Estimate History

Estimated value, last 24 months
Jul 2024 – Jun 2026
$1.15M
$1.09M
$1.02M
$0.95M
Jul
Dec
May
Oct
Mar
Jun

Automated estimate from Polsinello Predictive AI. Not an appraisal. Actual market value may differ.

Mortgage calculator

Estimated monthly payment
$7,318

Estimated payment. Does not include property tax, insurance, or condo fees.

Location & nearby

Thorold Downtown Real Estate Market

Thorold · last 90 days
$536,500
Median sold price
-16.5%
Median price, year over year
43 days
Avg days on market
30
Homes sold (90 days)
13%
Sold above asking
73%
Sold below asking
$316–$443/ft²
Price per sq ft
Median price trend
Jun 2025 – Jun 2026
$740K
$644K
$548K
$452K
Jun
Sep
Dec
Mar
Jun

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