CAONThorold32 & 34 River St
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32 & 34 River St, Thorold, ON

Real Estate

For Sale

Listed price in listed location currency (CAD).
$699,900

1053

MLS® X12652124

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential
Size -
Garage No
Taxes $5,765
Days Active 0
Lot Size 
Approx. Age 
MLS® Number X12652124

Property Address: 32 & 34 River St, Thorold, ON, L0S1K0

Average square foot calculated using Size range provided by listing agent.

Description

A Rare Twin Semi Detached 4-Plex with 3-3 Bedrooms and 1-1+1 Bedrooms 4 parking spaces with a 6% Cap rate (See Financials attached) There is potential for rents to be increased an extra $3000 monthly when units become re-rented at current market rates making over 10% Cap rate at current listing price. One 3-Bedroom unit is becoming available in January they have been paying $1400 /mo. That can be increased to $700 extra or $2100 mo. The owner has the City rental permit for all units and the permit is transferable to the new owners. Tenants Pay their own Hydro and Gas. Owner pays for Water. All leases are Month to Month. All separately metered. One unit has gas and the other units have baseboard heaters. ***NEW ROOF 2024*****NEW FRONT PORCH 2021****LOWER UNIT NEW FURNACE INSTALLED 2015****NEW DECK PATIO 2019****ALL NEW WATER TANKS 5 YEARS AGO OWNED. NEW Floor plus Apartment facelifts by unit and date. 32 Upper Renovated 2017. 32 Lower Renovated 2020. Upper........2019. Lower Renovated 2019. Office Unit......2015. Building is Only 30 years old!!! Property located in a scenic Village Setting! Close to Brock University 7 min. And Niagara College 14 min. Very Close to the Welland Canal's twinned flight locks where ships climb the mountain!! Great tourist attraction. Approx. 3800 Sq Ft of Total Living Space !!!!! HUGE 55 x 173' DEEP Lot! AVM Range to $773, 852 we are below this amount!!! VENDOR IS MOTIVATED & WILLING TO HOLD A FIRST MORTGAGE FOR THE RIGHT BUYER!!
MLS® NumberX12652124
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age
BasementSeparate Entrance, Finished with Walk-Out, Apartment
DrivewayGarage Type:None
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 29, 2025List Date
$699,900List Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
  • Commute

Commute

Starting Address
Destination Address
32 & 34 River St, Thorold, ON

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