$699,900
Est. payment $3,099/moCalculate yours
9 Water Street, Thorold, ON L2V 2J9
557 - Thorold Downtown, Thorold, ON L2V 2J9
- 5 Beds
- 3 Baths
- 1 Garage
- 2,000 Sq Ft
Listing courtesy of ROYAL LEPAGE NRC REALTY MLS® X13445184
About this home
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.
Property details
Overview
- Property Type
- Triplex
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Size
- 2,000 sqft
Interior
- Bedrooms
- 5
- Bathrooms
- 3
- Kitchens
- 4
- Basement
- Full
Building & Systems
- Heating
- Radiant (Gas)
- Cooling
- None
- Exterior
- Stone, Brick
- Foundation
- Block
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 50 x 141 Feet
- Parking
- Detached garage · 6 total
- Zoning
- TRIPLEX
Financial
- Property Taxes
- $3,664 (2026)
Location
- Neighbourhood
- 557 - Thorold Downtown
- Cross Street
- PINE/WATER
- Direction Faces
- North
Listing
- MLS® Number
- X13445184
- Days on Market
- 125
- Listed On
- 2026-06-15
- Possession
- immed
- Listed By
- ROYAL LEPAGE NRC REALTY
Features
Interior
- Accessory Apartment
- Carpet Free
- In-Law Suite
- Primary Bedroom - Main Floor
Pool
- None
- Excluded
- TENANTS BELONGINGS
Mortgage calculator
Estimated mortgage payment
$3,099 per month
- Principal and interest
- $3,099
- Property tax
- $305
- Condo fees
- $0
- Estimated monthly cost
- $3,404
Your mortgage
- Mortgage amount
- $559,920
- Mortgage insurance
- Not needed
- Interest over 25 years
- $369,782
Cash to close
- Down payment
- $139,980
- Land transfer tax
- $10,473
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $150,453
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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