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Thorold,ON L2V 3N5
Key Details
Property Type Multi-Family
Sub Type Duplex Side/Side
Listing Status Active
Purchase Type For Sale
Square Footage 2,200 sqft
Price per Sqft $335
MLS Listing ID 40695391
Abv Grd Liv Area 2,200
Annual Tax Amount $3,700
Property Sub-Type Duplex Side/Side
Source Hamilton - Burlington
Property Description
Turnkey Income Property with Development Upside – 68 Queen St S, Thorold
Live, Rent, Develop – The Choice is Yours
An exceptional opportunity to own two semi-detached homes on one deed, located in the heart of Thorold's growing investment corridor. Whether you're seeking a secure income-generating asset, multigenerational living, or redevelopment potential, this property delivers.
?? Property Highlights
Fully Tenanted: Reliable income from excellent long-term renters
Updated Systems: Modern hydro and central air for low-maintenance ownership
Ample Parking: On-site parking for tenants and guests
Flexible Use: Live in one unit and rent the other, or lease both for max returns
?? Prime Location
Desirable Neighbourhood: Family-friendly with strong community appeal
Convenient Access: Walk to schools, transit, and daily essentials
Close to Brock University, downtown Thorold, Niagara Falls & major highways
Consistent Rental Demand: Attracts students, professionals & families
?? Development Potential
Zoned for Low-Rise Apartments or Townhomes
City-Supported Growth: Thorold is receptive to redevelopment
Expand Your Vision: Combine with 66 Queen St S for a 106' x 132' lot—ideal for multi-unit or townhouse development
?? Investor Advantages
Immediate Cash Flow: Income-producing from Day One
Appreciating Asset: Rare land size in a city with rising demand
Multiple Exit Strategies: Rent, reside, or redevelop—flexibility built in
?? Act Now
This is a rare chance to secure a cash-flowing property with future upside in one of Niagara's fastest-growing communities.
?? Ask about purchasing 66 Queen St S next door to unlock full development potential.
Location
Province ON
County Niagara
Area Thorold
Zoning R3
Direction Pine st to Elgin to Queen S or Richmond to Queen S
Rooms
Basement Full,Finished,Sump Pump
Kitchen 0
Interior
Interior Features Separate Heating Controls,Separate Hydro Meters
Heating Forced Air,Natural Gas
Cooling Central Air
Fireplace No
Window Features Window Coverings
Laundry In-Suite
Exterior
Parking Features Gravel
Roof Type Asphalt Shing
Lot Frontage 66.0
Lot Depth 132.0
Garage No
Building
Lot Description Rectangular,City Lot,Highway Access,Library,Place of Worship,Playground Nearby,Public Transit,School Bus Route,Schools
Faces Pine st to Elgin to Queen S or Richmond to Queen S
Story 1.5
Foundation Concrete Block
Sewer Sewer (Municipal)
Water Municipal
Structure Type Brick,Vinyl Siding
New Construction No
Others
Senior Community No
Tax ID 643940065
Ownership Freehold/None