9 Water Street, Thorold, ON L2V 2J9
- $699,900
- 5
- BD
- 3
- BA
- 2,000
- SqFt
- List Price
- $699,900
- MLS#
- X13445184
- Status
- ACTIVE
- Type
- Multifamily
- SubType
- Triplex
- Style
- 2-Storey
- Bedrooms
- 5
- Bathrooms
- 3
- Living Area
- 2000-2500
- Province
- ON
- Municipality
- Thorold
- Area
- Niagara
- Neighborhood
- 557 - Thorold Downtown
- Subdivision
- Pine/Water
Property Description
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.
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Additional Information
- Taxes
- $3,664
- Heat Type
- Radiant
- Heat Source
- Gas
- Air Conditioning
- None
- Lot Depth
- 141
- Family Room
- Yes
- Kitchens
- 4
- Exterior
- Stone, Brick
- Garage Spaces
- 1
- Garage Type
- Detached
- Pool
- None
- Parking Spaces
- 6
- Parking Type
- Available
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Listing courtesy of ROYAL LEPAGE NRC REALTY.