43 CLEVELAND STREET, Thorold, Ontario
$1,538,000
- 12 Beds
- 12 Baths
Exceptional Investment Opportunity in Downtown Thorold! Don't miss this prime investment opportunity in the heart of downtown Thorold! This attractive stone and vinyl-sided triplex, built in 2010, offers over 4,600 sq. ft. of finished living space. With 12 bedrooms and 12 bathrooms across three self-contained units, this property is ideal for mature adult living. Each unit features four spacious bedrooms each with its own private ensuite along with a bright, open-concept common area, a kitchen with dining space, in-suite coin-operated laundry, and a dedicated mechanical room. Separate forced air gas furnaces with A/C capacity in each unit provide efficient, independent climate control. The outdoor space includes a large shared yard and a generous deck, perfect for relaxing or entertaining. Security cameras throughout the property ensure added comfort and peace of mind. A large gravel parking area provides space for at least 8 vehicles. Currently tenanted with full occupancy. At current market rates, it generates a strong cap rate of 6%, making it a sound addition to any investment portfolio. Located close to shopping, Brock University, public transit, highway access, restaurants, and everyday amenities, this turn-key property offers excellent rental appeal and long-term value. (id:56241)
- Listing ID: X12176537
- Property Type: Multi-family
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Listing provided by BOLDT REALTY INC., BROKERAGE
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 43 CLEVELAND STREET in Thorold Ontario. It was last modified on May 28th, 2025. Contact us to schedule a viewing or to discover other Thorold real estate for sale.