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9 WATER STREET, Thorold (Thorold Downtown) — listed at $699,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
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. (id:60164)
Is 9 WATER STREET a good fit for a growing family?+
With 5 bedrooms and 3 bathrooms, there's room for kids plus a guest room or home office. The 2-storey layout keeps living and sleeping areas separated.
Does it have a basement, and is it finished?+
The listing describes the basement as: Full. Confirm the finishing status during a showing — it affects both livable space and resale value.
Is there air conditioning?+
No central cooling is listed. Budget for portable or window units, or get a quote for adding central air — typically $5,000–$10,000 installed.
How is the home heated? Is it efficient?+
Heating is radiant heat, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $3,664, heating is radiant heat, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
What's the parking situation?+
This property includes 6 spaces — Detached Garage, Garage.
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