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$ 749,000
Est. payment /mo
Price Dropped by $40K
66 QUEEN Street S Thorold, ON L2V3N5
2,700 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2,700 sqft
Price per Sqft $277
Subdivision 557 - Thorold Downtown
MLS® Listing ID 40721985
Property Sub-Type Freehold
Source Cornerstone - Hamilton-Burlington
Property Description
Turnkey Income Property – Fully Rented Duplex & Triplex on Rare Double Lot in Prime Thorold Location! 66 and 66 1/2 and 66B An exceptional opportunity to acquire two adjacent, fully rented income properties in one of Thorold's most desirable, family-friendly neighborhoods. Situated on a spacious 106' x 132' lot, these side-by-side properties offer strong immediate cash flow with built-in development potential—all just minutes from Brock University, downtown Thorold, Niagara Falls, shopping, and major highways. Property Overview: 66 & 68 Queen St S – A separately deeded triplex and duplex, offered together or individually (each with its own MLS) Fully Tenanted – Stable, reliable renters already in place, generating consistent monthly income Updated Systems – Modernized hydro and central air for hassle-free management Ample On-Site Parking – Easy access for tenants and guests Why This Investment Stands Out: Turnkey Operation – No renovations or tenant search needed Excellent Location – Walking distance to schools, transit, and daily conveniences Strong Rental Demand – Ideal for students, professionals, and families alike Exciting Development Potential: Zoned to permit low-rise apartment buildings or townhouses City of Thorold is receptive to redevelopment applications Perfect opportunity to redevelop or expand in a high-growth rental market Key Investor Takeaways: Immediate Passive Income – Both buildings fully rented with no downtime Strategic Long-Term Asset – Combine steady cash flow with appreciating land value Future-Proof – Rare double lot in a city expanding its housing footprint Secure a property that pays today and grows tomorrow. This is a rare chance to acquire a cash-flowing asset with development upside in one of Niagara's most promising investment corridors. Act now—opportunities like this are few and far between. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air,
Cooling Central air conditioning
Exterior
Parking Features No
Community Features Community Centre, School Bus
View Y/N No
Total Parking Spaces 3
Private Pool No
Building
Story 1
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by Sutton Group Realty Systems