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TriplexListed 121 days ago

$699,900

9 Water Street, Thorold, ON L2V 2J9

557 - Thorold Downtown · Thorold · L2V 2J9

Listing brokerage: ROYAL LEPAGE NRC REALTY

Beds
5
Baths
3
Sq ft
2000–2500
Parking
6

Monthly costs

Property taxes

$305/mo

$3,664 a year (2026)

The home

Lot size
50 × 141 ft
Style
2-Storey
Basement
Full
Parking
6 spots · Detached
Faces
North
Heating · cooling
Radiant
Possession
immed

About this home

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.

All details21 more from the listing · Interior, Heating, Parking, Exterior, Utilities, Taxes, Listing

Interior

Bedrooms
5
Bathrooms
3
Kitchens
4
Rooms
8
Den / family room
Yes
Size
2000-2500 sq ft

Features

  • Accessory Apartment
  • Carpet Free
  • In-Law Suite
  • Primary Bedroom - Main Floor

Heating & Cooling

Heat source
Gas

Parking

Covered spaces
1

Features

  • Available

Exterior & Lot

Exterior
Stone, Brick
Roof
Asphalt Shingle
Foundation
Block

Utilities

Sewer
Sewer

Taxes & Fees

HST
Included In

Listing

MLS® number
X13445184
Type
Triplex
Transaction
For Sale
Neighbourhood
557 - Thorold Downtown
Cross streets
PINE/WATER
Rooms · 3Washroom ×3
  • 4-piece washroom

    Main

  • 4-piece washroom

    Second

  • 4-piece washroom

    Second

History

Past listings and sales for this home and building.

Location

9 Water Street, Thorold, ON L2V 2J9 · Near PINE/WATER

Monthly cost

Estimated monthly cost

$3,404/mo

Mortgage
$3,099
Property tax
$305
Down payment$139,980 · 20%
Interest rate4.50%

Amortization

Estimate only, for illustration. Includes mortgage default insurance when less than 20% is put down. Speak with a lender for an exact figure.

Cash to close

Cash to close

$152,384

$139,980 down + $12,404 to $13,654 in closing costs

Ontario land transfer tax
$10,473
Legal fees and disbursements
$1,500 to $2,500
Title insurance
$250 to $500
Property tax adjustment
$181

Estimate only, not legal or tax advice. Rates as of 2026-10-14 from Ontario, City of Toronto and CMHC published rates. Legal and title figures are typical ranges. Adjustments assume the seller prepaid the closing month. First-time rebates have eligibility rules; confirm with your lawyer.

The listing information is deemed reliable but is not guaranteed accurate by PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

$699,900

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