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3BRD MAIN FLOOR UNIT
3BRD MAIN FLOOR UNIT
3BRD MAIN FLOOR UNIT
3BRD MAIN FLOOR UNIT
3BRD MAIN FLOOR UNIT
3BRD MAIN FLOOR UNIT
3BRD MAIN FLOOR UNIT
3BRD MAIN FLOOR UNIT
3BRD MAIN FLOOR UNIT
3BRD MAIN FLOOR UNIT
3BRD MAIN FLOOR UNIT
UPPER UNIT TENANTED
UPPER UNIT TENANTED
UPPER UNIT TENANTED
UPPER UNIT TENANTED
UPPER UNIT TENANTED
UPPER UNIT TENANTED
UPPER UNIT TENANTED
UPPER UNIT TENANTED
UPPER UNIT TENANTED
UPPER UNIT VACANT
UPPER UNIT VACANT
UPPER UNIT VACANT
UPPER UNIT VACANT
UPPER UNIT VACANT
UPPER UNIT VACANT
UPPER UNIT VACANT
UPPER UNIT VACANT
UPPER UNIT VACANT
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BASMENT KITCHEN
BASEMENT KITCHEN
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NEW BOILER
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9 Water Street

557 - Thorold Downtown / Thorold, ON L2V 2J9

ActiveFor Sale
5 Beds
3 Baths
2,000 Sq Ft
Multi-Family

About This Property

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.

Property Details

StatusActive
Property TypeMulti-Family
Listing TypeFor Sale
Interior Size2,000 sq ft
Bedrooms5
Bathrooms3
Postal CodeL2V 2J9
Last UpdatedAug 8, 2026 · 7:31 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® X13445184

Listed by ROYAL LEPAGE NRC REALTY

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.

$699,900

asking price

MLS®X13445184
TypeMulti-Family
CityThorold
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$3,418

/month · $559,920 mortgage

Down Payment20% — $139,980
Interest Rate5.5%

Amortization

Total Interest

$465,391

Total Cost

$1,025,311

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

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Listed By

ROYAL LEPAGE NRC REALTY