*UPDATE: This property is now fully tenanted and generating an annual gross income of $121,200! **BONUS: Flexible financing options.** This brand-new apartment building offers an excellent opportunity in the Niagara Region. Featuring four modern units, this property is thoughtfully designed for functionality, luxury, and long-term investment potential. The two 3-bedroom units boast 1,900 square feet each, with 2 bathrooms, private laundry, 9-foot ceilings, and open-concept floor plans. The two 2-bedroom units are equally impressive, offering 1,489 square feet each, 2 bathrooms, walk-in closets, and open layouts. Each unit is equipped with a private deck, individual hydro meter, a large storage locker, HVAC system, air purification system, and on-demand hot water. Two of the units also include double garages. The property sits on a large lot with plenty of parking and is ideally located just 6 minutes from Brock University, making it perfect for students, professionals, or families. This property offers exceptional potential for investors or multi-family buyers looking for high-quality, low-maintenance rentals in a prime location.
Property Type:
Residential Freehold
Property Sub Type:
Multiplex
Home Style:
2-Storey
Approx. Age:
New
Total Approx Floor Area:
5000 +
Depth:
140'4"42.8 m
Frontage:
85'6⅛"26.1 m
Lot Shape:
Rectangular
Direction Faces:
North
Bedrooms:
9+1
Bathrooms:
8.0
Water supply:
Municipal
Kitchens:
4
Bedrooms Above Grade:
9
Bedrooms Below Grade:
1
Kitchens Above Grade:
4
Rooms Above Grade:
22
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Poured Concrete
Roof:
Asphalt Shingle
Basement:
Full, Separate Entrance
Fireplace/Stove:
No
Garage:
Attached
Garage Spaces:
4.0
Parking Features:
Private Double, Inside Entry
Parking Spaces:
8
Total Parking Spaces:
12.0
Family Room:
Yes
Possession Details:
Flexible
Pool:
None
HST Applicable To Sale Price:
Included In
Taxes:
$0 /
2025
Assessment:
$- /
-
Thorold
557 - Thorold Downtown
Niagara
School, Public Transit
Sump Pump, Ventilation System, Water Heater, Separate Hydro Meter, Separate Heating Controls, Primary Bedroom - Main Floor, In-Law Suite, Accessory Apartment
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