view of front of property Features: stoop, horizontal siding, grill

More Photos More Photos

back of property with a yard Features: lawn, stairs, horizontal siding, parking pad, downspout, central ac

aerial view of residential area Features: residential view

aerial view of residential area featuring a large body of water Features: residential view, water view

deck featuring a residential view, a fenced backyard, and an outdoor structure Features: residential view, balcony, propane tank, fence, outdoor structure

empty room with a baseboard heating unit, light wood finished floors, and baseboard heating Features: natural light, wood finish floor, baseboard radiator, baseboards wall, drywall

spare room with light wood finished floors and baseboards Features: baseboards wall, wood finish floor, natural light, drywall

unfurnished living room with a baseboard radiator, baseboard heating, and light wood finished floors Features: baseboard radiator, wood finish floor, baseboards wall, drywall, galley kitchen, sink, natural light

empty room with light wood-type flooring and baseboard heating Features: drywall, wood finish floor, natural light, baseboard radiator, baseboards wall

kitchen featuring dark countertops, a baseboard heating unit, white cabinets, and light wood-type flooring Features: wood finish floor, visible hinge cabinets, sink, white cabinets, baseboard radiator, natural light, baseboards wall, countertops, drywall

kitchen with white cabinets and light wood-style flooring Features: wood finish floor, drywall, white cabinets, visible hinge cabinets, baseboards wall, natural light, countertops, sink

empty room with a baseboard heating unit and light wood-style floors Features: baseboards wall, wood finish floor, natural light, drywall, baseboard radiator

unfurnished bedroom with a baseboard heating unit, light wood-style floors, and a closet Features: baseboards wall, wood finish floor, baseboard radiator, closet, drywall, natural light

full bathroom featuring vanity, shower / bath combination, and dark wood-type flooring Features: combined bath shower, sink, baseboards wall, mirror, drywall, wood finish floor, vent, vanity, toilet, full bathroom

view of front facade with brick siding Features: brick siding, horizontal siding, stoop

living room with wood finished floors, brick wall, electric panel, and a ceiling fan Features: ceiling fan, tv, drywall, vaulted ceiling, wood finish floor, electric panel, brick wall, fireplace

kitchen with brick wall, white appliances, lofted ceiling, wood finish cabinets, and dark stone countertops Features: stone countertops, sink, vinyl floor, visible hinge cabinets, range oven, baseboards wall, raised cabinets, drywall, range hood, medium brown cabinets, vaulted ceiling, brick wall, arched cabinets, natural light, microwave, refrigerator

bedroom featuring a baseboard heating unit, lofted ceiling, and wood finished floors Features: baseboard radiator, baseboards wall, vaulted ceiling, drywall, wood finish floor

detailed view of a fire extinguisher Features: fire extinguisher, drywall

dining space with light wood finished floors Features: natural light, fire alarm, drywall, wood finish floor

kitchen featuring white cabinets, light countertops, light wood-style floors, a baseboard heating unit, and white appliances Features: wood finish floor, drywall, natural light, visible hinge cabinets, sink, baseboards wall, refrigerator, white cabinets, baseboard radiator, range oven, countertops

bedroom featuring wood finished floors, vaulted ceiling, and a closet Features: vaulted ceiling, drywall, closet, bonus room, wood finish floor

bedroom featuring wood finished floors and lofted ceiling Features: wood finish floor, vaulted ceiling, baseboard radiator, drywall, tv, natural light

kitchen with stainless steel appliances, white cabinets, light countertops, light wood-style flooring, and lofted ceiling Features: natural light, countertops, wood finish floor, white cabinets, drywall, sink, vaulted ceiling, microwave, baseboard radiator, pass through window, range oven, fire extinguisher

bedroom with dark wood-style flooring, ceiling fan, and vaulted ceiling Features: vaulted ceiling, ceiling fan, wood finish floor, drywall

view of property exterior with a fenced backyard Features: fence, residential view, lawn, horizontal siding, downspout, gutters, driveway

shared laundry room with a baseboard radiator and separate washer and dryer Features: baseboard radiator, laundry, natural light, separate washer dryer

utilities featuring electric panel and heating unit Features: electric meter, electric panel, basement, furnace

living area featuring wood finished floors, a ceiling fan, and vaulted ceiling Features: vaulted ceiling, drywall, wood finish floor, smoke carbon monoxide detector, refrigerator, ceiling fan, natural light, baseboard radiator

bedroom with wood finished floors and baseboards Features: baseboards wall, smoke carbon monoxide detector, basement, drywall, natural light, wood finish floor, tv, baseboard radiator

kitchen featuring light countertops, dark wood-style floors, freestanding refrigerator, stainless steel microwave, and white cabinetry Features: microwave, sink, countertops, refrigerator, visible hinge cabinets, drywall, cream cabinets, white cabinets, wood finish floor, baseboards wall

full bath featuring vanity, a shower with shower curtain, and light wood-type flooring Features: mirror, full bathroom, sink, drywall, shower, wood finish floor, vanity, baseboards wall

view of exterior entry featuring brick siding Features: brick siding, stoop

hall featuring light wood-type flooring, wood walls, and built in shelves Features: wood finish floor, built in shelves, crown molding, wood wall, brick wall, baseboards wall

dual tone kitchen with two tone cabinets, white appliances, healthy amount of natural light, light wood-type flooring, and dark countertops Features: sink, kitchen bar, range oven, backsplash, refrigerator, natural light, open shelves, wood finish floor, visible hinge cabinets, microwave, kitchen island, countertops, white cabinets, medium brown cabinets

corridor with light wood-style floors and wood walls Features: baseboards wall, wood wall, wood finish floor, crown molding, range oven, fire extinguisher, paneling wall, refrigerator

full bathroom featuring vanity, light wood-type flooring, and a shower with shower curtain Features: vanity, wood finish floor, shower, sink, full bathroom, natural light, drywall

living area with wood finished floors and baseboard heating Features: wood finish floor, drywall, tv, baseboard radiator, natural light

rear view of property featuring a yard and driveway Features: horizontal siding, grill, driveway, residential view, stoop, stairs, parking pad, balcony, lawn

aerial overview of property's location with a large body of water and nearby suburban area Features: water view, residential view

aerial view of a nearby body of water Features: residential view, water view

view of miscellaneous listing collateral

‹ › ×

For Sale - 22 & 24 River Street, Thorold, Ontario

22 & 24 River Street

Thorold , Ontario

16 9 $1,190,000

Est payment $5,714/mo

Get pre-qualified

Time on Jump 79 day

AI Summary *

Rare 9-unit investment property with strong annual income potential.
Most units are updated and 8 pay their own hydro.
Prime location by the Welland Canal with scenic views.
Ample parking space for 9 vehicles with new gravel drive.
Flexible financing options available with motivated seller.

Mortgage Calculator

Purchase Price

Term

Interest Rate

Payment Frequency

Down Payment:
$ 59,500 ( 5% )

First Time Buyer:
Yes No

New Build:
Yes No

Newly lowered price!! This is a great opportunity to acquire this rare 9-unit multi-residential investment property in thorold which will offer about $72,000 net operating income yearly when the 2 bedroom becomes rented at $1450./mo. 22-24 river street which is located in the historic hamlet of port robinson, thorold is situated on the east bank of the welland canal. 2nd floor front tenants enjoy a view of the canal as the ships go by. 7 out of 9 units have been updated ! 8 out of 9 units pay their own hydro being separately metered! Residential license for both properties til feb 2028! New gravel was laid down the private driveway and all through the back area where the 9 car parking is. Half the roof was replaced in 2024 (bill included). Vendor will hold a first mortgage with 20% down payment and is motivated to sell since he will be retiring after owning the building for a decade.

Listing IDX13002648

Address22 & 24 River Street

CityThorold, Ontario

Price$1,190,000

Bed / Bath16 / 9 Full

Style2-Storey, Multiplex

ConstructionConcrete, Vinyl Siding

TypeMulti-Family

StatusFor Sale

Extras

Subtype MultiplexIndoor Features Floor Drain, Separate Hydro Meter, Water Meter, Sump PumpAmenities Campground, Greenbelt/Conservation, Hospital, Park, Place Of Worship, River/StreamOwnership FreeholdBasement ApartmentFoundation ConcreteHeating / Cooling BaseboardHeating Fuel ElectricSewer None

Market Info

Parking 9.00

Listing Agency:
RE/MAX SUCCESS REALTY

Request a Tour
Request Info

ASAP

Sun

Jul

Mon

Jul

Tue

Jul

Wed

Jul

Thu

Jul

Fri

Jul

Sat

Jul

Sun

Jul

Mon

Jul

Tue

Jul

Wed

Jul

Thu

Jul

Fri

Jul

Sat

Jul

Sun

Jul

Mon

Jul

Tue

Jul

Wed

Jul

Thu

Jul

Fri

Jul

Sat

Jul

Sun

Jul

Mon

Jul

Tue

Jul

Wed

Jul

Thu

Jul

Fri

Jul

Sat

Aug

Sun

Aug

In-Person Video Chat

By clicking “Get pre-qualified” and/or 'Submit' you are expressly consenting, in writing, to receive telemarketing and other messages, including artificial or prerecorded voices, via automated calls or texts from jumprealty.ca and up.mortgages at the number you provided above. This consent is not required to purchase any good or service. Message and data rates may apply, frequency varies. Text HELP for help or STOP to cancel. More details in Terms of Use and Privacy Policy.

Listing Agency:
RE/MAX SUCCESS REALTY

* Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

Hospital

Parks

Schools

Place of Worship

Please select an amenity above to view a list.

For Sale - 22 & 24 River Street, Thorold, Ontario

AI Summary *

Mortgage Calculator

Property Info

Extras

Market Info

View Amenities List

Recommended Properties