66 QUEEN Street S, Thorold, Ontario
$789,000
- 2,700 Square Feet
Turnkey Income Property – Fully Rented Duplex & Triplex on Rare Double Lot in Prime Thorold Location! 66 and 66 1/2 and 66B An exceptional opportunity to acquire two adjacent, fully rented income properties in one of Thorold’s most desirable, family-friendly neighborhoods. Situated on a spacious 106’ x 132’ lot, these side-by-side properties offer strong immediate cash flow with built-in development potential—all just minutes from Brock University, downtown Thorold, Niagara Falls, shopping, and major highways. Property Overview: 66 & 68 Queen St S – A separately deeded triplex and duplex, offered together or individually (each with its own MLS) Fully Tenanted – Stable, reliable renters already in place, generating consistent monthly income Updated Systems – Modernized hydro and central air for hassle-free management Ample On-Site Parking – Easy access for tenants and guests Why This Investment Stands Out: Turnkey Operation – No renovations or tenant search needed Excellent Location – Walking distance to schools, transit, and daily conveniences Strong Rental Demand – Ideal for students, professionals, and families alike Exciting Development Potential: Zoned to permit low-rise apartment buildings or townhouses City of Thorold is receptive to redevelopment applications Perfect opportunity to redevelop or expand in a high-growth rental market Key Investor Takeaways: Immediate Passive Income – Both buildings fully rented with no downtime Strategic Long-Term Asset – Combine steady cash flow with appreciating land value Future-Proof – Rare double lot in a city expanding its housing footprint Secure a property that pays today and grows tomorrow. This is a rare chance to acquire a cash-flowing asset with development upside in one of Niagara’s most promising investment corridors. Act now—opportunities like this are few and far between. (id:23309)
- Listing ID: 40721985
- Property Type: Multi-family
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 66 QUEEN Street S in Thorold Ontario. It was last modified on May 1st, 2025. Contact Carolyn Rouse to schedule a viewing or to discover other Thorold real estate for sale.