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44 CLEVELAND STREET, Thorold (Thorold Downtown) — listed at $774,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
Over 3,400 Square Feet of finished living space! This purpose-built 2018 custom investment property in the heart of Thorold, offering two fully independent units each with 4 bedrooms and 4 private ensuite bathrooms - designed from the ground up to maximize rental income. Each unit operates with independence featuring its own full kitchen and living area, and dedicated HVAC system. Current rents nearly $70,000 annually at full occupancy, driven by unbeatable proximity to Brock University, Niagara College, major transit routes, and all key amenities. Stainless steel appliances throughout, aggregate concrete walkway, double-wide driveway, landscaped and fully fenced yard deliver the curb appeal that attracts quality tenants and commands top-of-market rents. Turnkey, low-maintenance, and purpose-built. This is a rare opportunity to acquire a high-performing dual-unit asset in one of Niagara's strongest rental corridors. (id:60164)
What's the parking situation?+
This property includes 5 spaces — No Garage.
Is 44 CLEVELAND STREET a good fit for a growing family?+
With 8 bedrooms and 8 bathrooms, there's room for kids plus a guest room or home office.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $3,733, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Does it have a basement, and is it finished?+
The listing describes the basement as: Apartment in basement, Separate entrance, N/A, N/A. Confirm the finishing status during a showing — it affects both livable space and resale value.
Could this work as an investment property?+
The basement description mentions: Apartment in basement, Separate entrance, N/A, N/A. If it has a separate entrance, there may be rental income potential — but verify zoning and whether a legal second unit is permitted in Thorold (Thorold Downtown) before counting on it.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
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