9 Water Street, Thorold, ON L2V 2J9
$699,900
$699,900

9 Water Street

557 - Thorold Downtown, Thorold, Niagara $699,900

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5 Beds
3 Baths
2000-2500 sqft
Detached Garage
Parking for 5
North Facing
Zoning: TRIPLEX
MLS®#:
X13445184
Property Type:
Triplex
Property Style:
2-Storey
Area:
Niagara
Community:
557 - Thorold Downtown
Taxes:
$3,664 / 2026
Added:
June 15 2026
Lot Frontage:
50
Lot Depth:
141
Status:
Active
Outside:
Stone,Brick
Year Built:
Basement:
Full
Brokerage:
ROYAL LEPAGE NRC REALTY
Lot :

141

50

Intersection:
PINE/WATER
Rooms:
Bedrooms:
5
Bathrooms:
3
Fireplace:
Utilities
Water:
Municipal
Cooling:
None
Heating Type:
Radiant
Heating Fuel:

Listing Details

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.

Insights

  1. Strong Income Potential: The property is a legal triplex with two currently vacant units ready to be rented at market rates, providing immediate income opportunities for investors or owner-occupiers.
  2. Future Expansion Opportunities: The large lot size allows for potential future expansion or the addition of more units, subject to city approvals, enhancing long-term investment value.
  3. Recent Upgrades: The property features a new boiler system and vinyl windows, ensuring lower maintenance costs and increased energy efficiency for the next owner.

Sale/Lease History of 9 Water Street

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Neighborhood Overview

Complete neighborhood profile for 9 Water Street

557 - Thorold Downtown home prices

Average sold price for Detached, Semi-Detached, Condo, Townhomes in 557 - Thorold Downtown

Insights for 9 Water Street

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* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)