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21 PINE Street

557 - Thorold Downtown / Thorold, ON L2V 3L1

ActiveFor Sale
5 Beds
2 Baths
1,500 Sq Ft
Multi-Family
Virtual Tour Available

About This Property

RARE OPPORTUNITY: Large downtown Thorold site with renovation income now and major development potential later! Set in the heart of downtown Thorold, this 63 x 165 ft lot offers a rare combination of income now with a Reno and long-term upside. The property includes a legal duplex and a large detached 3 car garage with shop. Once renovated, the current structures are positioned to generate great rental income and the R3 zoning and generous lot size leave room for future redevelopment. Walking distance to restaurants, shops, schools, parks, and amenities. Buyer to confirm permitted uses, density, height, servicing, and approvals with the City of Thorold. Seller makes no representation or warranty regarding renovation costs, rental income, or future development potential.

Property Details

StatusActive
Property TypeMulti-Family
Listing TypeFor Sale
Interior Size1,500 sq ft
Bedrooms5
Bathrooms2
Taxes (2025)$3,612
Postal CodeL2V 3L1
Last UpdatedOct 28, 2026 · 11:34 a.m.

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Features & Amenities

  • Air Conditioning
  • Basement

Buying or selling in Thorold?

Filipe & Isabel Ferreira and the Team Filipe (RE/MAX Ultimate Realty Inc., Brokerage) represent buyers and sellers here. Local guides and live listings below.

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TRREB MLS® Attribution

MLS® X14109666

Listed by REVEL Realty Inc., Brokerage

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$849,900

asking price

MLS®X14109666
TypeMulti-Family
CityThorold
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$4,150

/month · $679,920 mortgage

Down Payment20% — $169,980
Interest Rate5.5%

Amortization

Total Interest

$565,132

Total Cost

$1,245,052

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

REVEL Realty Inc., Brokerage