22 & 24 River Street, Thorold, ON L0S 1K0
Thorold
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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.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 22 & 24 River Street, Thorold, ON L0S 1K0
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MLS# X13002648
Listed by RE/MAX SUCCESS REALTY
On market since Apr 15, 2026
22 & 24 River Street, Thorold, ON L0S 1K0 is listed for $1,125,000 CAD.
22 & 24 River Street, Thorold, ON L0S 1K0 has 16 bedrooms and 9 bathrooms.
22 & 24 River Street, Thorold, ON L0S 1K0 is a Multiplex.
22 & 24 River Street, Thorold, ON L0S 1K0 is in Thorold, Ontario.
22 & 24 River Street, Thorold, ON L0S 1K0 is currently for sale.
Contact Michael Mezheritsky to arrange a private showing of 22 & 24 River Street, Thorold, ON L0S 1K0 (MLS# X13002648). You can also send a message through the contact form on this site.
